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Gramegna appreciates the AIIB's operational efficiency, which is evidenced by the fact that lots of investment plans that support sustainable development were executed during the last three years due to its very lean management.

Beyond Bosch, many European enterprises, particularly multinational giants, tend to see China as a stable and reliable "harbor" for overseas investment and business operations amid current global headwinds, and are participating in China's economic transformation and upgrading, as China-EU economic and trade ties become increasingly stronger.

Secondly, China will stick to opening-up and all-win approaches, and share development opportunities with various countries, Xi said, adding that China is willing to work with all sides to take the advantage of the Belt and Road international cooperation platform to inject powerful momentum into their common development.

"China has seen fast progress in power supply since reform and opening up. Yet the time needed for getting electricity and the accessibility still fall short of expectations, due to both institutional issues and inefficiency in the power system," Li said, "Power supply is critical to industrialization and rural modernization."

The Chinese economy is registering a stable performance with good momentum for growth, Xi said, pledging a series of major measures on further opening up and to press ahead with high-quality development.