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China and the United States account for one third of the world economy, one fourth of the global population, and one fifth of global trade.

Xi said China will also do its best to raise its investment in the least developed countries (LDCs) to 12 billion dollars by 2030.

He called for improving global economic governance, increasing the representation and voice of developing countries, and giving all countries equal right to participating in international rule-making.

Li also stressed the importance of innovation and entrepreneurship in promoting the upgrading of traditional industries and the growth of modern service industry.

More independent pricing by operators in rail, highways, airline and harbors will be realized. Railway ticket prices will be decided by train speed and service quality. Charging systems for parking fees and cab fares will be improved.