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Both sides agreed to continue to implement the DOC and reaffirmed plans: to solve disputes via negotiation, manage differences with a regional framework of regulations, deepen maritime cooperation, and move forward negotiation on the code of conduct in the South China Sea (COC) to safeguard peace and stability of the region.

In a city described by the Venetian traveller Marco Polo some 800 years ago as most noble and magnificent city in the world, not only has the G20 obtained an opportunity for rebirth, but the world and mankind have arrived at a new starting point.

"[Xi] came to my house, sat down and we talked like neighbors," Tang said.

Premier Li said that now world economic recovery remains slow and global trade is sluggish. Meanwhile, the idea of "de-globalization" is emerging, as represented by protectionism and isolationism; geopolitical risks are increasing; and Britain's exit from the EU has brought new complexities to the world situation. This important roundtable is being held at a time when the world economic development is at a crucial stage. Being the first collective dialogue between the Chinese government and major international economic and financial institutions, the roundtable demonstrates China's readiness to strengthen communication with the international community. We hope that all sides will have a correct reading of the development trend in the world, put forth good policies to spur world economic growth, and work together to promote economic recovery, stabilize the financial sector and guide market expectations. Premier Li raised the following five proposals at the roundtable:

Roberto Azevedo, director-general of the World Trade Organization (WTO), said that anti-trade rhetoric could lead to erroneous policies and the business community should speak up more against it.