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The Chinese leaders said that China and Vietnam are friendly neighbors and that friendly cooperation has always been the mainstream of interactions since the two countries established formal relations 65 years ago.

In a world facing volatile economic situation, we should all work to promote opening-up and innovation. What has happened since the outbreak of the international financial crisis seven years ago proves that to work in unity is the surest way for countries to get over the difficulties. We are all interdependent in this world. While we each have the right to adopt economic policies in line with national conditions, we need to strengthen macro-policy coordination to expand the convergence of interests and achieve common development. An European proverb says, "when the wind of change blows, some build walls, while others build windmills." We need to act along the trend of our time, firmly advance free trade, resolutely reject protectionism, and actively expand regional economic cooperation. We need to build global value chains, and seize the opportunity of a new technological revolution. While the international community agree on the importance of macro-policies to the economy, they also recognize the urgency to go ahead with structural reform. Structural reform must be carried through no matter how difficult it is, as it is an effective way to foster conditions conducive to global innovation and bring about new momentum for global development.

"China opposes terrorism in all forms and all radical acts against innocent civilians," Foreign Ministry spokesperson Hong Lei told a daily press briefing.

Besides the delegation of legislative power, the bill also underlines statutory taxation, tightens check on administrative power and improves participatory legislative process.

BEIJING, Jan. 18 (Xinhua) -- Direct communication between the Communist Party of China (CPC) on the Chinese mainland and Taiwan's Kuomintang (KMT) has increased since 2005, helping foster the peaceful development of cross-Strait ties.