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Fifth, we need to work jointly to trigger innovation. Innovation holds the key to development. Asia is home to 48 countries and over four billion population, and the "Asian miracle" was created by the talented and hard-working Asian people. To keep up the momentum of prosperity and development in Asia, we need to give full play to Asia's unique advantage of abundant human resources, and bring out the potential and creativity of all its people. Asia's new future relies on innovation and talented personnel. We need to improve education and training in Asia to build a high-quality labor force, strengthen the talent pool and increase productivity. We need to step up R&D investment, adopt new models of development, including the "Internet Plus" model, and build cooperation platforms for innovation to develop the new economy and a shared economy. We may also conduct due exchange of experience. This way, the hundreds of millions of our people, especially the young people, will have the chance to engage in innovation and entrepreneurship, and have their ingenuity and creativity fully unleashed. This also allows countries in the region to quickly embark on a path of innovation-driven development and upgrade the level of growth.

Box 3: Lists and Platforms for Streamlining Administration and Delegating Powers

"There will be a new conference room called China Room at the UN headquarters, or the Palais de Nations, in Geneva in the coming years," he said.

Zhang said that the current situation on the Korean Peninsula is both extremely complicated and extremely sensitive. China has always steadfastly sticked to the denuclearization of the peninsula and tried to maintain peace and stability on the peninsula, always having been committed to solving the issue through dialogue and negotiation.

China's "Belt and Road Initiative" has presented uNPRecedented opportunities for the cooperation between the two nations, helping synergize their development strategies.