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Another highlight of China-Singapore cooperation focuses on digital connectivity in a bid to boost the development of digital economy, which has become more pertinent than ever amidst the COVID-19 pandemic.

China has recently vowed to establish a "dual circulation" development pattern, in which domestic and foreign markets complement and reinforce each another, with the domestic market as the mainstay, aiming to build up resilience with better domestic development and wider opening up against headwinds in the external environment. The country's enormous market is pivotal to this development pattern, with the booming "holiday economy" being a manifestation of the strategy.

The DPP's continuous escalation of efforts to seek "Taiwan independence" will lead nowhere, she added.

Shedding light on the document's title, Xi said combining the five-year plan and the long-range objectives through 2035 will give the document a stronger sense of direction, as well as historical and strategic importance.

Efforts should be made to expand high-level opening-up, support Shanghai's Pudong in acting as a forerunner in actively exploring and acquiring experience, and promote the high-quality development of pilot free trade zones, he said.