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China was investing in and financing infrastructure projects around the world long before it launched the BRI in 2013, but the initiative helped to supercharge these deals, as did the launch of the China-led Asian Infrastructure Investment Bank in 2016.Over the past couple of years, Latin America has emerged as a significant focus of these deals.

China posted about billion of traditional toy sales in 2017 with games and puzzles, construction toys and plush toys as the top three categories, according to data presented by Anne McConnell, senior director of market research and data strategy of The Toy Association at the meeting.

China is willing to work with the European side to advocate multilateralism and send more messages that are clear, predictable and confidence-boosting, for the development of international situation that is stable and conducive to all, Xi said.

China reported year-on-year GDP growth of 6.9 percent in the first quarter, beating market expectations and the country's target of around 6.5 percent.

China renovated 19,000 old urban communities last year, providing convenience to 3.52 million households, statistics showed. At present, major renovation projects are resuming operations in an orderly manner.