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Nathan Sheets, undersecretary for international affairs at the U.S. Treasury, stressed the benefits that U.S. investors will harvest. "Such an agreement could be a game changer in terms of unlocking new opportunities and leveling the playing field for U.S. firms and investors," he said in April.

(3) The General Debate of the 70th Session of the United Nations General Assembly (UNGA) carries special significance. At this most august forum in the UN, countries can discuss such momentous issues as preventing war, achieving harmonious coexistence between countries and civilizations, promote greater democracy and the rule of law in international relations, building a new type of international relations on the basis of win-win cooperation, making the world a better place, and enhancing the role of the UN so as to point the way forward for the world as well as the UN.

Criticizing the Philippines for failing to adhere to its own commitment to settle disputes through negotiation and consultation, Liu said this was not the way to solve disputes.

As one of the global financial centers, London is an important pump station in the world economic lifeline, so to speak. Strengthened financial cooperation with London is definitely a win-win choice for both countries. China-UK financial cooperation started early. It has enjoyed rapid growth, has tremendous potential and leads China-UK cooperation in various areas. We have accomplished much in recent years. Our two countries signed the bilateral currency swap agreement. China set up an RMB clearing bank in London. The UK became the first country outside Asia to obtain the RQFII initial investment quota, the first Western country to issue RMB-denominated sovereign bond and the first major developed country to include RMB into its foreign exchange reserves. This is a highlight in our bilateral cooperation.

In his speech, Xi shared with the audience his personal experiences in 1960s when he was working as a farmer in a small village of Liangjiahe near Yan'an of Shaanxi Province in northwest China.