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All countries should look to reform and innovation for ways to bring out their development potential, build stronger engines for growth, and cultivate core competitive edge that they have not had before, he said.

China has lifted 439 million people out of poverty and made remarkable progress in areas of education, health and women's welfare over the past 30-plus years since the country embarked on reform and opening-up, Xi said.

WASHINGTON, Sept. 25 (Xinhua) -- Chinese President Xi Jinping's first state visit to the United States culminated in Washington Friday, with policies on bilateral ties further clarified, fruitful results in cooperation achieved, and friendship deepened.

David Denoon, New York University professor of Politics & Economics and director of NYU Center on U.S.-China Relations, echoed Frisbie in a recent interview with Xinhua.

BEIJING, Oct. 18 (Xinhua) -- Chinese Premier Li Keqiang has urged reform and innovation in financial sector in order to better serve the development of real economy.