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Booming trade and the inter-governmental projects with huge investment have been most eye-catching in Sino-Singaporean economic ties.

The HKSAR government, Xi said, should seize the opportunity of the formulation of the 13th Five-Year Plan and the implementation of the Belt and Road Initiative to advance Hong Kong's long-term development.

Xi also expressed appreciation for International Monetary Fund (IMF) staff experts' analysis and suggestions, saying the inclusion of the Chinese currency yuan, or renminbi (RMB), into the Special Drawing Rights (SDR) basket will help increase the representation and attraction of the SDR, improve the international monetary system, and safeguard global financial stability.

The proposal promises a "healthy China" by reforming the health system, and promote the balanced development of its population through the two-child policy. The proposal calls for retaining family planning as a basic state policy, allowing all couples to have two children, while improving public services for reproductive health, maternal and child health, nurseries and kindergartens.

The five pillars include consolidating political mutual trust, striving for win-win economic cooperation, enhancing exchanges and learning from each other in civilization, helping each other in security, and cementing unity and coordination on international affairs.