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BEIJING, Nov. 20 (Xinhua) -- Chinese President Xi Jinping on Monday called for fully implementing the spirit of the 19th National Congress of the Communist Party of China (CPC) and pressing ahead with reform.

The new program epitomizes China's strong sense of responsibility as a major country in the world, and embodies the philosophy Chinese President Xi Jinping articulated at the beginning of the year in the snow-capped Alpine town of Davos, Switzerland.

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.

Thanks to these moves, cross-border capital flows have become more stable and balanced, contributing to a gradual pick-up in forex reserves.

More than 90,000 people waited for hours at Tian'anmen Square in the cold wintry morning just to be part of the ceremony, watching the national flag being raised in the heart of Beijing on the first day of the new year.