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The dairy company lost over 80 million yuan (about 11.8 million U.S. dollars) due to the outbreak of the COVID-19 pandemic in the first quarter. With the recovery of the Chinese consumer market and the introduction of government policies to promote consumption including participating in a night fair designed to promote CIIE star exhibits in June, Theland's China sales went up by 55 percent year on year in the second quarter.

"These are two concomitant processes that feed into each other. In a sense, economic development is necessary to reduce poverty, but in turn, poverty reduction is also a necessary factor in achieving economic development," he added.

"History has proven and will continue to prove that good neighborliness and friendship will prevail over a beggar-thy-neighbor approach, mutually beneficial cooperation is certain to replace zero-sum game, and multilateralism will win over unilateralism," he said, noting that humanity lives in a global village where the interests and destinies of all countries are intertwined.

BEIJING, Oct. 2 (Xinhua) -- Chinese President Xi Jinping's statements at High-level Meetings Marking the 75th Anniversary of the United Nations (UN), demonstrating the global vision and firm commitment of China as a major country, have been welcomed and highly regarded by the international community, Chinese State Councilor and Foreign Minister Wang Yi said Friday.

Heads of some foreign countries expressed via video or in writing their appreciation of China's historical achievements in poverty reduction, and emphasized the necessity for political parties to play a leading role in building a consensus and promoting cooperation in global poverty eradication.