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Noting that the world economy is currently in a difficult period, Georgieva said the IMF firmly supports free and open trade and strives to achieve peaceful trade relations.

The East Asian leaders' meeting this year will strengthen consensus, deepen cooperation, improve regional economic integration, promote regional common prosperity and development, and send out a positive signal of adhering to multilateralism and free trade, building an open world economy, according to Assistant Minister of Commerce Li Chenggang.

Hu Yuewu, deputy general manager of King's Luck, a Chinese distillery based in Jiangsu Province, presented on Wednesday evening the long history of "baijiu" or "clear liquor" -- grain-based spirits -- in Chinese culture and the special role it plays in the social life of Chinese people.

Calling on the two countries to jointly make a success of the celebration events next year to mark their 70th anniversary of diplomatic ties, Modi said India also welcomes more Chinese tourists and hopes to carry out joint research on the long history of India-China exchanges.

On behalf of the CPC Central Committee and the Central Military Commission, Xi extended greetings to the heads of military academies and schools as well as those working in the military education field.