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Both as developing economies of APEC, China stands ready to join hands with the Philippines and other members to focus on economic cooperation and make the Lima APEC meeting a success, he said.

After the Industrial Revolution started in the 18th century, China began losing its leadership. Foreign aggression and expansion by Western colonialists completely destroyed conditions for development in China. Repeated invasions by foreign powers, particularly from the West, from 1840 to 1949, and China's corrupt ruling class and backward social system reduced China to a semi-colonial and semi-feudal society. There was constant warfare, an unstable society, economic depression, no security of livelihood, and extreme poverty. The Cambridge History of China: Republican China 1912-1949 describes China's situation in the first half of 20th century as follows: "...the great majority of Chinese merely sustained and reproduced themselves at the subsistence level ... the standard of life for many fell short even of that customary level." [Note: The Cambridge History of China (Volume 12): Republican China 1912-1949 Part I, Cambridge University Press, 1983, p. 28.] "As a system, China's economy which was 'pre-modern' even in the mid-twentieth century ceased to be viable only after 1949..." [Note: Ibid. p. 29.] In these 110 years, the Chinese people struggled arduously for their right to development and equal access to development opportunity. The Chinese people are fully aware of the value of development and of their right to development.

Cultural exchanges between the two countries are also productive, said Jia. Both China and Peru have a long history and splendid culture and their exchanges in education, culture, science and technology, sports and other areas have become increasingly active.

Xi stressed that international society has been devoted to boosting the agreement to become effective since it was signed in December 2015. China signed the agreement on April 22, the first day it was open to signature, and ratified it on Sept. 3.

Wang, head of the State Council Leading Group of Poverty Alleviation and Development, told a meeting that the country's poverty relief got off to a good start this year, but more must be done in 2017, a significant year in China's fight against poverty.