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During his stay in Seattle, which already hosted Chinese leaders Deng Xiaoping, Jiang Zemin and Hu Jintao and maintains a 32-year-old sister-city relationship with the southwestern Chinese metropolis of Chongqing, Xi is scheduled to deliver a major policy speech on China-U.S. ties.

Li told the business leaders that despite the slowdown of China's economic growth, the country still boasts great potential in domestic demand, especially in central and western regions.

"The fundamentals of a steadily growing economy have remained unchanged. The new type of industrialization, IT application, urbanization and agricultural modernization that is in full swing has generated strong domestic demand and great potential for future growth. It has also made the economy more resilient and adaptable," Xi said.

From January to September, around 3.16 million new companies were established in China, up 19.3 percent from a year ago, according to the latest data from the State Administration for Industry and Commerce.

China and Nigeria enjoy a traditional friendship and their strategic partnership featuring win-win cooperation has brought substantial benefits for their peoples, said Xi, who is in New York to attend a series of summits marking the 70th anniversary of the founding of the United Nations.