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Development is the bedrock of peace. China has contributed enormously to world peace and stability through its own economic development. It is estimated that China has consistently served as one of the main drivers of the global economy in the past 30 years, becoming the largest contributor to global growth since the international financial crisis. China, a strong and dynamic locomotive, is fueling the development of many other countries, thus creating a more favorable environment and laying a more solid foundation for the noble cause of peace.

During the period, Iran would suspend some sensitive nuclear activates, in return, Western nations would partially relief some sanction imposed on Tehran.

While China is eager to cooperate with the rest of the world in promoting world peace and prosperity, it could only happen when the world understands China and the CPC in a proper way, he added.

He said that the Indian side agreed to further intensify coordination among BRICS countries in areas including agriculture, infrastructure and climate change.

At Changhong international ship building and repairing co. ltd. on Zhoushan Island, Xi spoke highly of the company's achievements in ship building, repairing and recycling, ocean engineering, and secondhand ship trading.