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Based on these efforts, China's business environment has been constantly improving.

First, build a global firewall against COVID-19. We must first put the disease under control at home and, on that basis, strengthen exchanges and cooperation to help countries in need. Several G20 members have made progress in vaccine R&D and production. We should speed up action and support the WHO in mobilizing and consolidating resources and distributing vaccines fairly and efficiently. China actively supports and participates in international cooperation on COVID-19 vaccines. We have joined the COVAX facility and stand ready to step up cooperation with other countries on the R&D, production and distribution of vaccines. We will honor our commitment of giving assistance and support to other developing countries, and work to make vaccines a global public good accessible and affordable to people around the world.

Xi stressed taking a coordinated approach to promoting the rule of law at home and in matters involving foreign parties, demanding efforts to better safeguard national sovereignty, security and development interests.

Noting that next year marks the 60th anniversary of the diplomatic ties between the two countries, he said Laos is willing to continue to join China to implement the action plan of the Laos-China community with a shared future signed by the top leaders of the two parties, strengthen mutual learning of experiences in governing their respective party, country and government, and maintain exchanges at all levels and practical cooperation in various fields.

Wang said both sides will promote cultural and sports exchanges by hosting the year of cultural exchanges between China and South Korea, and work together to make the Beijing Winter Olympics and Gangwon Winter Youth Olympics successes.