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China is willing to jointly uphold rules-based free trade and promote regional and global peace and development together with Singapore, he added.

China stood out among major economies to register a 3.2 percent year-on-year growth in the second quarter, versus a 6.8 percent contraction in the first quarter, bringing hopes that the world's second-largest economy－if it continues to fare well－will help boost the global economy.

China will begin construction of the Africa CDC headquarters ahead of schedule this year, Xi said. He added that China will speed up the construction of China-Africa Friendship Hospitals and the cooperation between paired-up Chinese and African hospitals.

China will also work to better protect intellectual property rights and further promote the use of negative lists for a more convenient and equitable policy environment for overseas investors, the premier stressed. Negative lists specify areas where investment is prohibited — all other areas are presumed to be open.

China will continue to implement a prudent monetary policy while carrying out anticipatory adjustments and fine-tuning, according to the statement.