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In his congratulatory message to Xi, Abbas said that he is very proud of the traditional friendship between the two countries and their peoples, and highly appreciates the outstanding and important role that China has played in supporting the Palestinian people and their cause.

On Thursday, President Xi Jinping presided over a symposium on private enterprises, saying that China will unswervingly encourage, support and guide the development of the non-public sector and support private enterprises to move toward a broader stage.

China firmly opposes the United States' moves and strongly urges the U.S. side to attach great importance to China's solemn stance, take immediate measures to correct the wrong practices, and withdraw the arrest warrant against the Chinese citizen, he said.

This transition, symbolized by the CIIE, is good for China, especially in terms of the rising standards of living for the Chinese. It is also good for the world, including all those who consider China as a vital and vibrant market for their goods and services, said the IMF chief.

The meeting heard a report on delivery of the policies regarding accessible and affordable financing for micro and small businesses.