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"China's private businesses continued to take on a sound development momentum in 2017," Huang said, adding the private companies have steadily optimized its industrial structure with greater contribution to society.

"Without reform and opening-up, China could not have achieved so much today; without further reform and opening-up, China will not have a bright future," he said.

Colleagues,

In his meeting with Netanyahu, Wang recalled that Israel was the first country in the Middle East to recognize the People's Republic of China, and the bilateral ties have enjoyed steady and healthy development since the two countries established diplomatic relations.

Industrial capacity cooperation requires strong investment and financing support. Chinese investment stock in SCO member states has reached 84.6 billion U.S. dollars, much of which has been channeled to projects in this area. To ensure adequate funding support for industrial capacity cooperation projects in the region, we also need to make the best use of financing platforms such as the Asian Infrastructure Investment Bank, the Silk Road Fund, SCO Interbank Consortium and China-Eurasia Economic Cooperation Fund. Meanwhile, we may continue our discussions at the expert level to explore a feasible plan for setting up an SCO development bank, with the specific aim of providing reliable financial services for practical cooperation among SCO member states.