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"We must maintain sustained, healthy economic and social development," Xi said, stressing the need to strengthen study and assessment, deepen research, and conduct sound policy-making.

The world is undergoing profound changes unseen in a century, which are being accelerated by the COVID-19 pandemic, Xi said.

The country will better coordinate its fiscal, monetary, financial, industrial, regional, and trade policies with employment policies to ensure a positive interaction between economic growth and employment expansion, according to a guideline issued by the National Development and Reform Commission (NDRC).

He also highlighted work in hog production and the need to prevent the African swine fever.

U.S. sanctions and suppression will surely undermine investors' confidence in the country, he said.