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While China's financial sector has supported economic development, global economic growth is still weak and some regions and industries in the country are faced with major difficulties, he said.

Chairman of the think tank and Editor-in-Chief of Pakistans leading English daily Pakistan Observer, Zahid Malik, said The South China Sea and adjoining areas are being militarized by the U.S. It is cooking something bad in the region. We have passed the resolution to urge the world, to go for peace, to avoid the confrontation and to support Chinese stand to solve the issue peacefully through negotiations.

These bilateral documents and the provisions of the DOC constitute an agreement between China and the Philippines who have obligation to negotiate to resolve their differences. Negotiation is the only way accepted by both parties to settle their disputes over the South China Sea, including demands introduced by the Philippines to the Arbitral Tribunal.

He said the country will provide bigger support for tech companies, especially small and medium firms, and reorganize research institutes and universities.

The third message brought by China is to promote practical exchanges. Citing an example, Ramos said Chinese G20 presidency plans to put together in Hangzhou Summit agenda the subjects of trade and investment for discussion. In her eyes, this plan is favorable for finding solutions to real problems.