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He promised that all businesses registered in China will be treated as equals, and that China will grant more powers to pilot free trade zones to conduct reform, and explore the opening of free trade ports.

In the past few years, China has been intensifying its efforts to trim financial risks and shift the economy from large-scale stimulus towards consumption, services and innovation.

More efforts will also be made to ensure stable inter-bank liquidity and bolster inclusive finance, according to the report.

The Belt and Road Initiative, proposed by Xi in 2013, comprises the overland Silk Road Economic Belt and the 21st Century Maritime Silk Road, which are reviving and expanding ancient silk trade routes for greater connectivity and trade between Asia, Europe and Africa.

Today, the two countries have both embarked on a new journey of reform and development, forging ahead toward our respective ambitious goals. The Communist Party of China successfully held its 19th National Congress last month. Overall guidelines and program of action were set out for the future development of the party and the country, drawing a blueprint for China's development between now and the middle of this century. Our plan is to complete the building of a moderately prosperous society in all respects by 2020; basically realize socialist modernization by 2035; and develop China into a great modern socialist country that is prosperous, strong, democratic, culturally advanced, harmonious, and beautiful by the middle of this century. We have the confidence and the ability to lead the Chinese people toward fulfilling the Chinese Dream of national rejuvenation. Vietnam is, in line with the guidelines set at the 12th National Congress of the CPV, advancing all-round renewal for early realization of the goal of a prosperous people and a strong, democratic, equitable and advanced industrialized country toward modernity. We need to work hand in hand more than ever before in our pursuit of dreams of national strength and prosperity.