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"There's never before been a currency of emerging markets that is being used for international transactions in the IMF to borrow and lend. This is the first time that has ever happened," Tamim Bayoumi, a senior fellow at the Peterson Institute for International Economics, told Xinhua.

Stressing that China will continue with its opening-up policy, Li said Beijing will work even harder to streamline the administration, delegate more power to lower levels, and protect intellectual property rights so as to create a better and more convenient business environment.

"I believe Guterres will keep his commitment to the UN Charter and work with the international community to cope with global challenges, safeguard world peace, promote common development and contribute to world cooperation," Xi said.

Moreover, he urged the military to uphold political integrity, promote reform and rule of law, and strengthen combat readiness.

More private investment will be encouraged in various sectors, including medical care, education, culture and sports.