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With the increasing income, Chinese people's pursuit of a high-quality life will bring about greater consumer demand, Xi said. "We are firmly confident in the long-term positive fundamentals of China's economic development, as well as in the mid- to high-speed economic growth bringing the economy to a medium-to-high level."

BEIJING, Nov. 29 (Xinhua) -- President Xi Jinping and Russian President Vladimir Putin sent congratulatory letters to the China-Russia energy business forum that opened in Beijing Thursday.

He suggested that the two sides strengthen communication and cooperation within the framework of the Belt and Road Initiative and synergize their development plans.

At Suning Holdings Group, Li said he hopes the company would use intelligent logistics and cloud technology to provide better services to satisfy consumers and unleash more consumption potential.

Secondly, Xi urged the G20 to forge strong partnership and step up macro-policy coordination.