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"Global financial markets have seen bouts of turbulence since last year, but global financial system has remained sound and resilient," he said, adding that it reflected the effects of financial sector reforms since the global financial crisis.

-- Chen Baosheng no longer holds the post of deputy head of the Chinese Academy of Governance.

Qi said he hoped to expand people-to-people exchanges and cooperation between the two countries so as to benefit the two peoples.

During his Ningxia trip, Xi visited villages to inspect poverty alleviation work. He talked with villagers about their lives, and urged Communist Party of China (CPC) cadres to take the lead in poverty reduction.

"Many officials use the account as an umbrella or safe haven. For example, some corrupt officials only deposit bribe money when they face investigation," he said.