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Chinese President Xi Jinping's call for establishing a fair, inclusive and efficient global economic governance and promoting a long-term and stable growth of the global economy reflects the goals set by Ankara for the current summit -- inclusiveness, implementation and investment.

The Belt and Road initiative, namely the Silk Road Economic Belt and the 21st Century Maritime Silk Road, was unveiled by the Chinese president in 2013 with the aim of reviving the ancient trade routes.

During the APEC meeting, Xi announced that China has established and put into operation the Silk Road Fund, and is now working actively with more than 50 countries to prepare for the launch of the Asian Infrastructure Investment Bank (AIIB).

WASHINGTON, Dec. 1 (Xinhua) -- The first China-U.S. ministerial dialogue on fighting cyber crimes held here Tuesday yielded positive outcomes as the two sides worked hard to remove one of the major stumbling blocks to the development of the bilateral ties.

"Despite measures to improve universities [...] economic and social development, outdated management, and education-quality imbalance remain issues," said a statement released after the meeting.