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In his welcoming speech, Xiong said over the past 67 years, China had made remarkable achievements, becoming the second largest economy and the largest trading nation in the world.

Since China adopted the reform and opening-up policy, the Chinese economy has maintained rapid growth to become the world's second largest economy in 2010. In recent years, the Chinese economy has been growing on a large base figure amidst global complexities as well as long accumulated underlying domestic issues. China has relied on reform and innovation to maintain a medium-high growth rate and accelerated economic transformation and upgrading. In the first half of this year, the growth rate was 6.7%, which was among the fastest in major economies. People's livelihood kept improving, personal income growth was basically in sync with economic growth, and over 13 million new urban jobs were being created on an annual basis. China's economic aggregate has exceeded US trillion. Every one percentage point of growth now equals several percentage points of growth before, and the yearly economic increment is tantamount to the economic aggregate of a middle-income country. China's contribution to global economic growth has been around 25%.

"China believes, with the leadership of the Philippine government, those affected people will overcome the disaster and come back to normal lives as early as possible," Lu said.

Shen Jinke, spokesperson of the People's Liberation Army Air Force, said the fleet, including H-6K bombers, Su-30 fighters, and air tankers, conducted reconnaissance and early warning, attacks on sea surface targets, and in-flight refueling to test the Air Force's fighting capacity on the high seas.

-- We must work together for steady recovery of the global economy. The world economy cannot afford long-term sluggishness, otherwise sustainable development will be a fountain without source. The current world economy is faced with both insufficient aggregate demand as well as outstanding structural problems. It is necessary to employ effective policy tools in a holistic manner, and to combine demand management with supply-side reform and short-term policies with long-term ones. At the G20 Hangzhou Summit, participants reached common ground and put forward a series of major initiatives and measures to strengthen macro policy coordination, find new ways of growth, advance structural reform, improve global economic and financial governance, reinvigorate international trade and investment, the twin engines of global growth, and achieve inclusive and interconnected development. We call on all countries to make concerted efforts to drive the global economy along a path of strong, sustainable, balanced and inclusive growth. Major economies, given their significant influence, need to act in a responsible manner in policy-making and policy coordination. While focusing on their own growth, they also need to strive to reduce negative spill-overs of their policies and refrain from adding to the difficulty of global economic recovery.