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The latest bout of pessimism over the Chinese economy has focused on the twin headwinds of deleveraging and a tightening of the property market.

We should not ignore problems arising from economic globalization or just complain about them. Rather, we should make joint efforts to find solutions. We should work together with other members of the international community to step up dialogue, coordination and cooperation and contribute to upholding and securing global economic stability and growth. To this end, we should promote the building of an open global economy, advance trade and investment liberalization and facilitation, jointly build new global value chains, and rebalance economic globalization. Doing so will bring benefits to people across the world. We five countries should open more to each other, expand converging interests in this process, take an inclusive approach and share opportunities, so as to create even brighter prospects for growing the economies of the five countries.

This ensures the coherence and sustainability of the G20 agenda, Wang added.

The U.S. cattle inventory as of Jan. 1, 2017, was 93.5 million head, according to ICA Texas. Texas led the way with 12.3 million head, followed by Nebraska and Kansas each with 6.4 million head of cattle, according to the association. The economic impact of the Texas cattle industry was 10.5 billion U.S. dollars in 2014.

The president called for more people-to-people exchanges, closer communication in tourism and between local regions, and enhanced cooperation in law enforcement and security, and anti-terrorism in particular.