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The Chinese economy is moving steadily in the right direction. This trend will not change. In our vigorous efforts to promote structural reform and adjustment, we are working to foster twin engines of growth, i.e. promoting mass entrepreneurship and innovation and increasing public goods and services. We will unlock the dynamism of market players and creativity of the society by taking new approaches to streamline administration and delegate power, strengthening regulation and improving government services. The Chinese economy has great resilience, huge potential and ample room for readjustment. The upgrading of consumption of over 1.3 billion Chinese people will generate the largest market demand the world has ever seen. Parallel progress in the new type of industrialization, IT application, urbanization and agricultural modernization will further expand the space of development.

China's "One Belt One Road" initiative has many in common with Eurasia initiative, advocated by President Park, in terms of aim, strategy and target areas. It raises possibility for an expanded cooperation in trade and investment between the two countries.

"If that respect is preciously valued at the bilateral ties, and enhanced by political trust, then there is no obstacle before a solid cooperation that will certainly benefit both countries and advance ties further," he said.

Li said China supports Turkey to host a successful G20 summit and will work with all member countries to realize the goals of leading a new round of global economic growth, pushing forward the transition of G20 from a mechanism of addressing risks to long-term governance, building and maintaining an open economy, and adopting a responsible macroeconomic policy.

Guo said China was willing to work with South Africa to contribute more to bilateral comprehensive strategic partnership, so as to implement the consensus reached by the leaders of two countries.