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The three nations also pledged to promote sustainable development. They have agreed to deepen cooperation on tackling emerging infectious diseases, air pollution and climate change.

Meanwhile, Xi noted that monetary stimulus policies alone are not enough to address the deep-seated problems in the world economy.

Turkey's Deputy Prime Minister Cevdet Yilmaz, who is responsible for the country's economic affairs, said Saturday that China has assured the G20 group that it would not take the path of competitive currency devaluation.

"While pushing for a more proactive strategy of opening up, we will build a new system of open economy with an even higher level of openness," said the Chinese president.

Late October, China unveiled its blueprint for the next five years, the 13th five-year plan, which sets a goal of maintaining a medium-high annual growth rate of 6.5 percent, and doubling its 2010 GDP and per capita income by the year 2020.