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China will continue to deepen reforms, further press ahead the opening up, and commit itself to developing an open economy at higher level, he said, reiterating China's stance to create a fair business environment for domestic and foreign companies, and strictly protect intellectual property rights.

"Wholeheartedly exploring the market of small and micro enterprises will boost financing convenience and reduce costs. Banks are actually investing in their own future by supporting small and micro enterprises now," he said.

Calling Kissinger an old friend of Chinese people, Xi hailed the "historic contribution" he has made to China-U.S. relations.

-- Over the past 40 years, the Chinese people have pursued development with a single focus and made lives better for ourselves. Guided by a people-centered development philosophy, between 1978 and 2017 China raised its per capita disposable income by 22.8 times, lifted 740 million people out of poverty and doubled the number of jobs created. We have achieved free compulsory primary and middle-school education nationwide and established the world's biggest social safety net. Thanks to these accomplishments, our people now feel more secure and have a greater sense of fulfillment and contentment.

BEIJING, Dec. 14 (Xinhua) -- China's top legislature will convene its bi-monthly session from Dec. 23 to 29, according to a statement issued after a chairpersons' meeting Friday.