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China was once poor and weak. It is now the world's second largest economy. China's achievement comes with peaceful development, not territorial expansion or invasion. Time and again, world history proves one thing: stability brings development, and prosperity comes with peace, not the use of force. China will stay on the path of peaceful development, and we hope other countries will do the same. Only peaceful development can bring common development and peaceful coexistence for all.

China set a target of eradicating poverty in rural areas and eliminating regional poverty by 2020, and has helped over 13 million shake off poverty on a yearly basis. The country will reduce the poor population by 30 million over the next three years.

China should focus on the development of inclusive insurance in order to develop inclusive finance.

China on Monday officially launched its long-planned national oil and gas pipeline network company, as part of the country's ongoing oil and gas reforms to help meet the nation's increasing energy needs.

China launched trading of crude oil futures contracts on Monday in its steady moves to further open up the financial sector.