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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 will continue retiring substandard production capacity－especially in steel and iron, coal mining and coal-fired power plants－to keep up with targets set for the year.

China remains committed to the underlying principle of making progress while keeping performance stable, firmly implementing new development concepts, adapting to and steering the economic "New Normal", and focuses on supply-side structural reforms, while moderately increasing aggregate demand and improving the expectation management. China has further implemented the innovation-driven strategy, boosted market vitality and social creativity by streamlining administration, delegating powers, strengthening regulation and improving services, and facilitated the transition to new growth engines from traditional ones by promoting mass entrepreneurship and innovation. With these efforts, China has achieved a steady and improved growth, which was not easy. In the first half of 2017, China's GDP grew at 6.9%, which was within a reasonable range, major indicators outperformed forecasts, including faster growth in fiscal revenue, enterprise profits and household income, and the RMB exchange rate maintained at a stable level. The economic structure further adjusted and improved, as manifested through greater contribution by consumption to the growth, rapid adjustment of industrial structure, ongoing and orderly reduction of excess and backward capacity. As many as 16,000 new enterprises were registered on an average day, over 13 million new urban jobs were generated annually in the past few years. The threshold for foreign investment has been reduced further, and the investment and market environment has been improved. We believe that with the supply-side structural reforms further deepened and more policy measures implemented, the Chinese economy is on track to achieve a higher quality, more efficient, more equitable, and more sustainable growth, and will continue to contribute to the global economic growth.

China urges Japan to stop using the issue to make trouble and take practical actions to improve bilateral relations, Lu said.

China welcomes France's participation in building the Belt and Road Initiative, Xi said, referring to the ongoing development of building the Silk Road Economic Belt and 21st Century Maritime Silk Road, which has won support from more than 100 countries and organizations.