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Despite improvement in some economies, the IMF has lowered its prediction of the 2016 global economic growth rate from 3.1 percent to 2.9 percent. Should that forecast come true, this year would be the second in a row with a global growth rate of less than 3 percent. The pace was 2.4 percent in 2015.

In order for the world economy to break away from the slow-growth rut and realize sustainable development, many experts agree, the G20 needs to further strengthen international macro-policy coordination and shift its primary function from crisis response to long-term governance.

Li said China is willing to continue the policy of promoting friendship and partnership with its neighbors on the principles of amity, sincerity, mutual benefit and inclusiveness, adding that China is willing to enhance strategic communication and high-level exchanges with Vietnam.

In the first half of 2016, city and inter-city railway networks grew rapidly. Rail transit in 25 cities reached a length of more than 3,300 kilometers, and another 3,800 km was under construction in 37 cities. The intercity traffic network hit 1,250 km.

7. Agreeing that China will authorize Canada to open seven additional visa application centres in China.