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Plans on conducting routine disciplinary inspections over enterprises administrated by central authorities as well as over competent authorities for specific industries were made at the conference.

"But if you're looking at the future, our view is that the future will be about China's financial sector integration with the world and the bond market will play a particular role," he said.

China is a major developing country, but it never evades its due international responsibilities. China seeks cooperation with win-win results and helps developing countries realize common progress during its own development process, he said.

"It's utterly irresponsible and unreasonable for U.S. Secretary of State (Mike) Pompeo to recklessly slander China and wilfully stir up troubles over China-Latin America relations. We are strongly opposed to this," Foreign Ministry Spokesperson Lu Kang told a press briefing.

Addressing the forum, Xi warned of a rising volatility, uncertainty and protectionism facing nations, and raised what he termed the "four deficits" in global affairs, namely in governance, trust, peace and development.