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A brief overview of China's 13th Five-Year Plan was also included in Li's report. The country expects an average annual growth rate of at least 6.5 percent from 2016 through 2020, when China will have GDP of 90 trillion yuan (13.8 trillion U.S. dollars).

Hong said China believes that both the Syrian government and the opposition delegation have shown their aspiration for political settlement and a serious attitude and they are working together to the direction for narrowing the differences.

It is illogical to say that the stock plunges across the globe stemmed from China, which closed trading for a week to celebrate the Chinese Lunar New Year and did not unveil any data or implement any new policies.

Over the past year, China's all-round diplomacy has delivered fruitful outcomes. President Xi Jinping and other Chinese leaders have visited many countries and attended international events including the United Nations summits, the G20 Leaders Summit, the 23rd APEC Economic Leaders Meeting, the 21st Session of the Conference of the Parties to the UN Framework Convention on Climate Change, the East Asian leaders' meetings on cooperation, and the World Economic Forum annual meeting 2016. The Summit of the Forum on China-Africa Cooperation and the China-EU Leaders' Meeting were held, and the China and the Community of Latin American and Caribbean States (CELAC) Forum was inaugurated. Fresh progress was made in China's relations with other major countries; pragmatic cooperation with neighboring countries was strengthened; friendship and cooperation with other developing countries grew; relations with the United Nations and other international organizations and mechanisms were strengthened in all areas; and notable achievements were made in economic diplomacy and cultural exchanges. As a responsible major country, China played an important constructive role in international and regional affairs.

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.