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During his visits, Liu said promoting development in culture has been a key part in the country's drive of building a moderately prosperous society.

In 2016, the global growth, the emerging market growth in particular, will depend on continued momentum in high income countries, the stabilization of commodity prices, and China's gradual transition toward a more consumption and services-based growth model, the bank noted.

The drop in total social finance is "eye-catching, but it would be wrong to conclude that lending is falling off a cliff. The one-week holiday for Lunar New Year in February meant some loans were dragged forward into January," and January's record total also prompted the central bank to "crack down on excess lending at some banks. That always made a slump in February a possibility," he noted.

China will, according to its economic fundamentals and the need to maintain financial stability, make the exchange rate of yuan float in two ways within a reasonable range, and maintain the exchange rate "basically stable at an adaptable and equilibrium level," the premier stressed.

Xi stressed that China, under any circumstances, is firmly committed to the denuclearization of the Korean Peninsula, is staunchly committed to maintaining peace and stability on the Peninsula, and insists on a solution through dialogue and consultation, which meets the common interests of the countries in Northeast Asia including China and South Korea.