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The China Communications Construction Company has seen a surge in overseas investment since the Belt and Road Initiative proposed in 2013, with new contract value exceeding 1.1 trillion yuan (158.5 billion U.S. dollars), said Sun Ziyu, vice president of the state-owned construction giant.

"The initiative is of great significance to strengthening regional connectivity, combating global challenges, maintaining world security and stability, and promoting common growth and prosperity," he said.

The theme of the forum was the development and innovation of news releasing system with Chinese characteristics in the new era.

During his speech, Xi underscored the role of economic globalization, saying that it is "an irreversible trend of history" and provides strong momentum for world economic development.

While stressing that Hong Kong and Macao will have bright prospects, Xi expressed his hope that compatriots in the two SARs can work together with the mainland to open up new prospects in the "one country, two systems" cause, create a better life for themselves and strive to realize the rejuvenation of the Chinese nation.