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BEIJING, June 21 (Xinhua) -- Chinese President Xi Jinping Thursday met with executives of a number of famous multinational companies, who are in Beijing to attend a special session of the round-table summit of the Global CEO Council.

The situation of the South China Sea has been stabilized and changing for the better without any major conflict or dispute, thanks to the joint efforts of China and related countries of the Association of Southeast Asian Nations (ASEAN), He told Xinhua on the sidelines of the Shangri-la Dialogue.

"I believe that with the joint efforts of the two sides, this visit will help bring China-Japan relations back to the right track so that they can realize sound and stable development," Cheng said.

"The Chinese side strongly urges the U.S. side to immediately stop such kind of provocative operations that violate China's sovereignty and threaten China's security," Lu said, noting that the Chinese side will continue to take all necessary measures to defend national sovereignty and security.

Auditing institutions should step up efforts in tracking the implementation of key policies of the CPC Central Committee, revealing all sorts of risks in the country's economic and social work, and auditing key projects and funds associated with people's livelihood, he said.