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Li said China never goes after trade surplus, adding the country puts equal emphasis on import and export, and has been actively expanding the import of quality goods and services, with a view to better meeting the needs for industrial and consumption upgrade.

The meeting of the leading Party members group of the 13th National People's Congress (NPC) Standing Committee was presided over by Li Zhanshu, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and chairman of the NPC Standing Committee. He delivered a speech at the meeting.

In his speech, Xi highlighted promoting openness and inclusiveness, accelerating innovation-driven growth, enhancing regional connectivity, and pushing for mutually beneficial cooperation, as the region endeavors to dig its way out of the economic slowdown caused by the COVID-19 pandemic.

Underscoring the role of digital technology in poverty alleviation, Xi urged efforts to create more opportunities for small and medium-sized enterprises, women, youth and other vulnerable groups to move from poverty to prosperity.

The premier said China is ready to increasingly align the Belt and Road Initiative with Russia's development strategies and strive for breakthroughs in trade, energy, agriculture, and other areas of cooperation. He added that China would also accelerate cooperation in areas such as joint manufacturing, peaceful utilization of nuclear resources, the digital economy, and medium and small-sized enterprises.