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China firmly opposes Internet hegemony, foreign interference in internal affairs, and incitement that could threaten national security, President Xi Jinping said during his opening remarks at the conference.

He noted that the reform and development task for next year will be arduous, requiring government staff to be confident, face up to the difficulties and comprehensively practice the concept of innovative, coordinated, green, open and shared development.

Li said China is willing to enhance cooperation with foreign universities and academic and research institutions including Columbia University to accumulate wisdom and strength from all people via strategies like "Internet Plus". It also looks to train more high-level, internationalized talents for the economic and social development of China so as to realize mutual benefit.

In the end of 1970s, China was eager to attract foreign investment, and to learn about foreign technology and management science. During decades of rapid development, an array of strong companies and industries accumulated considerable funds and experience.