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"China firmly upholds the principles and framework of the Convention, and remains committed to the principles of equity, 'common but differentiated responsibilities' and respective capabilities. We are working with various sides to advance the follow-up negotiation on the details of the Paris Agreement, and for the full, effective and sustained implementation of the Convention and the Agreement."

But a few days before the IMF released the report, the U.S. government unilaterally and bluntly named China as a currency manipulator, ignoring the conspicuous progress China has made in exchange rate reform.

"China has a vast market. We welcome enterprises from all countries, including those from the United States, to expand economic, trade and investment cooperation with China and achieve mutually beneficial results," Li added.

The 31st forum dialogue partners meeting is part of the 50th PIF meeting which concluded in Funafuti on Friday.

While being committed to safeguarding multilateralism and the international system with the United Nations at its core, the two sides have set an example of mutual respect and mutually beneficial cooperation between big and small countries in the international community, he noted.