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Zhang also stressed that fiscal and finance cooperation should be regarded as the key area to be strengthened in the two sides' pragmatic cooperation, and that China and Russia should launch cooperation in national currency swap, expanding national currency settlement, and investment and financing in national currency.

The Chinese president expressed confidence in the future of the BRICS cooperation mechanism. "The more difficulties we face, the more confidence we must have," he said.

Speaking of the United Nations Climate Change Conference to be held this December in Paris, Li said China supports France's commitment to the success of this conference, and is ready to work with France to actively contribute to the establishment of a global climate governing system that is fair and reasonable.

People's living standard further improved. China's GDP in 2014 increased by 7.4 percent over the previous year, and the economy operated within an appropriate range. The economic growth in central and western China was faster than that in the east. As many as 13.22 million new urban jobs were created, more than that in 2013. The total output of grain was 607.1 million tons, an increase of 5.16 million tons over the previous year. The first phase of the central line of the South-to-North Water Diversion Project was completed, providing water from the Yangtze River in the south to 60 million people in the Beijing-Tianjin-Hebei region in the north. More than 66 million rural people began to have access to safe drinking water in that year. In 2014 minimum wage standards were raised in 19 regions. The nationwide annual per capita disposable income reached 20,167 yuan, up 8 percent over the previous year and faster than the economic growth rate in 2014. The annual per capita disposable income for urban residents was 28,844 yuan, and that for rural residents reached 10,489 yuan, up 6.8 percent and 9.2 percent over the previous year, respectively, with the increasing rate for rural residents higher than that for urban residents for the fifth consecutive year. The urban-rural income ratio fell below 3:1 for the first time over the previous 13 years. Nationwide, per capita consumption expenditure reached 14,491 yuan, an increase of 7.5 percent over 2013, among which the consumption expenditure of urban residents was 19,968 yuan and that of rural residents was 8,383 yuan, up 5.8 percent and 10 percent, respectively. By the end of 2014 the number of telephone users in China had reached 1.53 billion, among whom that of mobile phone users reached 1.28 billion, with the penetration rate hitting 94.5 per 100 people. The number of 4G users was 97.284 million, and that of 3G users was 480 million. The number of Internet broadband users surpassed 200 million, among whom that of subscribers using broadband over 4M reached 177 million, taking up 88.1 percent of the total. The total broadband in China was 2500G, the broadband of the international communications gateway reached 9614Gbps, and the broadband of the international communications service gateway reached 3361.9Gbps. The number of trips abroad made by Chinese citizens was 116.59 million, among which those for private purposes reached 110.03 million, an increase of 19.6 percent over the previous year.

"Next, China will start the building of facilities to meet relevant functional requirements," spokeswoman Hua Chunying told a daily news briefing.