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China has become the second largest travel and tourism economy in the world, and the tourism sector in the country registered a remarkable growth of 7.3 percent last year, way above the global average of 3.9 percent, according to a report released by the WTTC in March.

China has always respected international law as well as national laws in its cooperation with different nations. The country is expediting the signing of agreements in trade, investment, finance, taxation, intellectual property rights, transportation and environmental protection with different nations to develop a Belt and Road network of regulations and the rule of law, he said.

China has achieved the largest tax cut so far through its value-added tax reform, with the total reduction rising by 60 percent in 2017 from a year earlier, according to data released by the State Administration of Taxation.

China has lifted more than 60 million people out of poverty in the past 5 years, with the poverty rate dropping from 10.2 percent to less than 4 percent. As of the end of 2016, there were 43.35 million Chinese living below the national poverty line.

China cherishes its traditional friendship with Africa, Xi said, adding that no matter how the international situation changes and despite the interference of certain powers, the original aspirations of China and Africa for win-win cooperation and common development will stay unchanged and the resolve to jointly build a closer community with a shared future will not waver.