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The goal of eliminating poverty in 15 years was laid out at a United Nations summit in last September, and China pledged an initial 2 billion U.S. dollars to establish an assistance fund to help developing nations fight poverty.

It is the first time for China to host such an eye-catching gathering with focus on global governance. The timing of the summit is even more appropriate as the world economy struggles at another crucial moment.

Regarding parliamentary relations, Xi spoke highly of the close exchanges between China's National People's Congress (NPC) and the Federal Assembly of Russian Federation in recent years.

Compared to the Snow era, earthshaking changes have been taken place in China. Hill noticed these changes, and said "China has become so rich."

"We will continue to reinforce macro-policy dialogue and coordination, work in the spirit of partnership to promote mutual help and win-win cooperation, and focus our minds and energy to pursue strong, sustainable, balanced and inclusive growth," Xi said.