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China's reform has inspired the world: developing countries can walk a new path to modernization that is different from the West. It breaks the "end of history" and "Western-centered" mentalities.

He called on both sides to adhere to a high degree of political mutual trust, continue supporting each other on issues of their core interests and major concerns, expand cooperation in various fields within the BRI framework and enlarge people-to-people exchanges. He also said that China supports Samoa in hosting the 2019 Pacific Games and will continue supporting the country to improve its capability to tackle climate change.

He said that economy and trade cooperation is still a ballast stone and propeller for the healthy and stable China-U.S. relations. And the essence of the cooperation should be mutual benefit and win-win.

Zhang emphasized that the upcoming summit, themed "building consensus for fair and sustainable development", is conducive to gathering efforts to oppose protectionism, support multilateral trading regime, and push forward the construction of an open world economy.

The SAC said 15 of them had signed agreements to set up 17 asset management products, including one subsidiary product, and contribute more than 31 billion yuan collectively.