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"China's dramatically increased role in global governance is very positive and one of the most noteworthy aspects of Xi Jinping's foreign policy."

The world should push for an economic globalization that is more open and inclusive, more balanced, more equitable and beneficial to all, to bring prosperity to all countries and create comfortable lives for children worldwide, he noted.

China is ready to work with France and Europe to adhere to two-way opening-up and improve the global economic governance system, Xi said.

"The pillar of monotowns should be industry, but 90 percent of the towns lack specific industries," said Hu Xiaoying, a manager with CRIC Group's property development branch.

The government will further simply the procedures of administrative review and speed up approval procedures for business start-up, tax payments, application for construction permit and water, electricity and gas services, and real estate registration. The slashing of electricity price will also be a priority.