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"The CPC in Dialogue with the World 2016" conference attracted over 300 delegates from more than 50 countries, including party leaders, politicians, think-tank members, academics and representatives of business, according to the International Department of the Central Committee of CPC at the opening ceremony of the conference.

Efforts should be made to strengthen and improve Party leadership, as well as to build the role of the Party in SOEs to make them the most trustworthy and reliable forces of the CPC and the state, said Xi, who is also general secretary of the CPC Central Committee.

Cuba, the first country in Latin America to establish diplomatic ties with China, is the last stop of Li's visit. It will be the first official visit by a Chinese premier since the two countries established diplomatic ties 56 years ago.

China is still working to improve its business environment for foreign enterprises, and as part of its overall drive to further open up, China has streamlined procedures for foreign investment, said Li.

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%.