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Xu said that over 60 percent of industries saw an increase in deals.

All-out effort should be put towards poverty relief, as it is the toughest of all battles, said Xi. Remarkable progress has been made since the CPC Central Committee made a solemn promise to lift all rural people out of poverty by 2020, the president added.

Xi gave an explanation on the draft report to the 19th CPC National Congress, and Liu Yunshan, a member of the Standing Committee of the Political Bureau of the CPC Central Committee, gave an explanation of the draft amendment to the CPC Constitution.

Xi stressed that China remains persistent on the denuclearization of the Korean Peninsula, adamant in preserving the international nuclear non-proliferation regime, and resolute in safeguarding peace and stability in Northeast Asia.

"Panamanian friends will see China's concrete actions," Xi said, calling for more exchanges in legislative institutions, political parties and local governments.