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BUENOS AIRES, Dec. 1 (Xinhua) -- Chinese President Xi Jinping Saturday called on the Group of 20 (G20) to play a political leading role in nurturing favorable conditions for international trade.

Addressing a grand gathering Tuesday to celebrate the 40th anniversary, Chinese President Xi Jinping said that the past 40 years eloquently prove the correctness of the path, theory, system and culture of socialism with Chinese characteristics.

20.Memorandum of Understanding on Supporting the Feasibility study of Major Projects between the China International Development Cooperation Agency of the Government of the People's Republic of China and the Department of Finance of the Government of the Republic of the Philippines

Shanghai is the largest economic center of China and is at the frontier of China's reform and opening-up. It has witnessed the historical course of China's opening-up and cooperation since modern times and has written a splendid chapter of China's 40 years of reform and opening-up, Xi said.

Xi pledged that China will continue to significantly expand market access, strengthen IPR protection, and do more to increase imports, adding that China views all companies, both Chinese and foreign, as equals.