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"The Belt and Road Initiative promotes the formation of a new global and economic order," said Wang Yiwei, director of the Institute of International Affairs at Renmin University, adding that the new global order was a community of shared future which embodies "China's view of power, stressing equality and fairness."

"The debt-to-equity swap deserves much credit for reversing the fast rise of debt and bringing about a decline in the overall leverage ratio. It has been a market-driven, rules-based process, which has worked well so far," Li said.

Building a community with a shared future for humanity is, in essence, a way to connect the prospects and destinies of every nation and country closely together, share weal and woe, and turn planet Earth into a harmonious family.

The deployment is expected to improve the air force's adaptive capacity in complicated situation in the air and on the sea, and enhance its ability to maintain national sovereignty and security and maritime interests in the South China Sea area, said Wang Mingzhi, a professor with the PLA Air Force Command Academy.

While saying China's cooperation with the WEF had coincided with the country's reform and opening-up process, Xi suggested that it was necessary for both sides to keep pace and advance with the times, strengthen cooperation and work together in pursuit of new driving forces for global economic growth, and find out practical and feasible proposals to address global challenges.