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China must build a national strategic system and capacity of military-civilian integration, he said. The CPC has established its thoughts on building a strong military in a new phase, Xi said.

China relied on the US for 80 percent of its soybean imports two decades ago, but it has cut that more than in half because of increased imports from other countries, including Brazil, he said.

China still seeks to foster a stable global environment in order to boost foreign trade volume. The country can enhance its earning strength by promoting traditional industries that have been advantageous via international cooperation in production capacity. It can also seek more growth points in other developed countries.

China will become the world largest smartphone superpower by 2025, according to a report by GSM Association (GSMA), the organizer of the Mobile World Congress in Spain, on Monday.

China will also push ahead with supply-side structural reform, taking measures to cut overcapacity, develop core technology, streamline administration and lower corporate costs, the statement said.