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Xi said that China's economy has the hope and potential to maintain long-term stable development.

Efforts should also be made to strengthen the capability of mobilizing global resources and serve the establishment of the new development pattern, enhance the global influence on mobilizing factors including fund, information, technology, talent and goods, Xi said.

First, Li called for solidarity in fighting the pandemic and improving the public health capacity, urging greater contribution of the summit in promoting vaccine accessibility and affordability. China supports the Southeast Asian Nations (ASEAN) putting in place contingency medical supplies reserves, Li said.

Two inactivated COVID-19 vaccines developed by the China National Biotec Group (CNBG) are under phase-3 clinical trials in the Middle East, with more than 35,000 people inoculated, according to Wu Yuanbin, an official with the Ministry of Science and Technology.

The rapid recovery of the Chinese economy has provided an impetus to bilateral ties amid the pandemic, with China's GDP in the third quarter increasing by 4.9 percent, making it the only major economy to see positive growth, said the Chinese ambassador.