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With the unity of the CPC around the CPC Central Committee with Xi as the core, China will gain further impetus to realize its two centenary goals.

Uncertainty and risks, including elections in major economies, uncertain fallout of Brexit, rising expectation for rate hikes by the Federal Reserve, increased geopolitical risks and terrorist attacks, could have significant repercussions for the global economy and international financial markets, said Lou at a press conference after the G20 policymakers concluded their meeting in Washington.

Premier Li: In the early days of China's opening-up, we put most of the emphasis on "bringing in" foreign investment. But today, in this age of globalization, China needs to work with multinationals, and Chinese companies are making investment overseas. So now, we are paying equal attention to "bringing in" and "going global."

After the oath was taken, Li told the officials to fulfill their oath and perform their duties conscientiously and tirelessly.

Economic globalization, represented by trade and investment liberalization and facilitation, has been a strong driving force behind fast global growth in past decades. Yet, this is not to say that there exists any panacea in the world. Frankly, economic globalization has taken its toll on some industries and communities in certain countries to certain extent. Active measures need to be taken to address the problem, but it is always important to keep in mind the bigger picture instead of keeping one' s eyes on the narrow interests only. Economic globalization is a general trend that is in line with the long-term and fundamental interests of all countries. Countries need to stand firm to oppose protectionism of any form, and need to be resolute in upholding the free trade regime represented by the WTO. This is a way to enable sustained and sound economic growth for all countries through win-win and all-win development.