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The total research and development expenditure of the major high-tech enterprises in the area surged nearly a quarter year on year to 182.8 billion yuan during the period.

Xi emphasized that China attaches great importance to its relations with Argentina, supports the Argentine side developing its economy and improving people's wellbeing, and has full confidence about the future cooperation between the two countries.

Instead of shying away from problems facing humanity, China is actively promoting a new type of better and balanced globalization, and contributing a "China plan" to achieving sustainable development for all UN member states, he said.

It has been a bumpy year for many global companies as the COVID-19 pandemic hit the world economy. Yet, foreign firms' passion for the upcoming CIIE was not hindered by the pandemic, and the event's business exhibition area will expand to 360,000 square meters from last year's 300,000 square meters to cope with foreign exhibitors' demand, according to Sun Chenghai, vice director of the CIIE Bureau.

BEIJING, Nov. 3 (Xinhua) -- Chinese President Xi Jinping has led the country in its unswerving higher-level opening-up efforts in an increasingly complex world where economic globalization faces headwinds with a threat looming over multilateralism and free trade.