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Noting that the Chinese economy is still a major powerhouse and stabilizer of global economic growth, Xi said in his speech that China would continue to implement the concept of innovative, coordinated, green, open, and shared development, stick to the basic state policy of opening-up, and seek high-quality development.

That acknowledgement of China's contribution was echoed by UNOG Director-general Michael Moller, who said, "We do need drivers, we need great countries like China to help us make our common goals happen."

With the advancement of globalization, any political party, think tank and country can not deal with global challenges alone, he said, adding that cooperation is the only way to promote development.

American beef is now back on restaurant menus in China. In November, Chinese e-commerce giant JD.com and the Montana Stockgrower's Association inked a 300-million-dollar beef deal.

Guangxi is an important border area that connects China with ASEAN countries and plays a key role in the construction of the B&R Initiative.