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China has made substantial progress in IPR protection and it is imperative for the country to better protect its IPR, failing which it would be unable to build a proper credit system and make technological advancements, Lou added.

China has nearly eradicated extreme poverty, an affliction for thousands of years. That is expected to contribute immensely to global poverty reduction, Xi said.

China has approximately 13 million people living with impaired vision. About two thirds say online information is very valuable to them, according to a report by China's Information Accessibility Research Association.

China has already opened up its manufacturing to foreign investors, with the removal of foreign ownership caps for sectors such as car manufacturing.

China has always committed to promoting agricultural and rural development in developing countries, especially in Africa, making poverty alleviation a priority for foreign aid, Deng said.