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Second, to promote steady recovery of the world economy, we must speed up economic transformation and upgrading. For the world economy to walk out of the woods, the ultimate solution lies in shifting the growth model and replacing old growth drivers with new ones at a faster pace. The advent of a new round of technological and industrial revolution has provided a historical opportunity for this. The emergence of new technologies, new tools and new materials, which are of pace-setting and transformational significance, has given a strong boost to the growth of the new economy and the upgrading of traditional industries. Countries should follow this prevailing trend by focusing their policies on supporting economic transformation and upgrading, and strengthen the new drivers of economic growth.

The forum's main topic was "Strengthening the logistic hubs and promoting regional pragmatic cooperation." It evolved around "infrastructure and traffic and communication", "the revitalization of old industrial base", and "cultivating regional innovation and growth." More than 150 representatives attended the forum.

They will also exchange views on advancing consultations on a Code of Conduct in the South China Sea (COC) under the framework of DOC implementation, said Hua.

BEIJING, May 31 (Xinhua) -- Chinese Premier Li Keqiang has called for efforts to boost passion and courage in science and technology as the country seeks to translate S&T progress into social and economic development.

WENCHANG, Hainan, June 22 (Xinhua) -- China plans to launch its new generation carrier rocket the Long March-7 between Saturday and Wednesday from a new launch location in south China, according to the manned space engineering office on Wednesday.