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At present, China's economy remains generally stable and is making good progress, Xi said, citing data including the GDP growth of 6.7 percent in the first three quarters of 2018.

Over the past 40 years, the Chinese people have embraced the world with open arms, Xi said, China has pursued its development through opening-up.

Healthy and stable development of China-U.S. relations not only benefits the two countries, but is of the utmost importance for global peace and prosperity.

He said the CPC is willing to make joint efforts with the AKP to deepen the exchange on the experiences of managing the party and the country so as to promote bilateral ties.

In terms of financial cooperation, China and Singapore are tapping into potentials at the private sectors.