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From manned submersibles Jiaolong, Shenhai Yongshi (Deep Sea Warrior) to Fendouzhe, Chinese researchers have practiced the spirit of rigorous and practical thinking, teamwork and dedication, setting an example for sci-tech innovation, Xi said.

China has signed 201 cooperation deals on the Belt and Road Initiative with 138 countries and 31 international organizations. The country has also established 21 pilot free trade zones. Its global business environment ranking moved up to the 31st in 2020.

This year's Understanding China Conference, the fifth of its kind, is attended either online or offline by over 600 celebrated politicians, strategists, scholars and entrepreneurs across the world.

The annual expo, and the business and investment summit between China and the Association of Southeast Asian Nations (ASEAN) will be held in Nanning, capital city of south China's Guangxi Zhuang Autonomous Region, Hua said.

Sonia Bressler, a French writer and sinologist, said Xi's vision of a community with a shared future for mankind "has never had so much importance, so much real meaning for China and also for the West," since it "offers solutions" to major challenges posed by the health crisis.