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Addressing the 18th St. Petersburg International Economic Forum, Li said the annual event had grown into an important platform for representatives of various countries to discuss ways of boosting world economic development.

Reiterating the issue of Palestine remains the core of the Middle East issue, the Chinese diplomat pointed out that the re- emergence of conflict in Gaza highlights the importance and urgency of a solution of the Palestinian issue in the current situation.

After the talks, the two sides signed an action plan on cross-border crime for the next five years.

After more than 30 years of reform and opening-up and through hard work of our people, China has steadily improved the lives of its 1.3 billion people, lifted over 600 million people out of poverty and ensured the people' s right to survival and development. China' s development has been achieved in an open environment. The firm goal of our 1.3 billion people is to achieve modernization, which will be a long journey. China is the second biggest economy in the world, but it ranks after 80th in the world with a per capita GDP of US,800. In China' s vast central and western as well as northeastern regions, per capita GDP is slightly over US,000 and it is a mere US,000 in some western provinces. Some 200 million Chinese still live below the poverty line by World Bank standards. At the same time, fast economic growth has been accompanied by a growing pressure on resources and the environment. These will remain our difficulties and challenges in the long run. To achieve modernization, it is important to complete industrialization and urbanization. This is exactly what the Chinese people are working for at present and for some time to come.

President Xi and Premier Li have assigned state councilor Wang Yong to lead a State Council working team to Kunshan to preside over the rescue operations and investigation into the accident.