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Prior to the summit, Xi will attend a meeting of leaders of BRICS countries, a thriving cooperation mechanism that groups Brazil, Russia, India, China and South Africa, and deliver a speech to call for more collaboration and communication within the BRICS.

As China's economy steps into the "new normal," it takes time and space to digest industrial over-capacity, restructure the economy and shift to an innovation-driven mode, he added.

I know you all have a keen interest in China's economic outlook. Despite the weak recovery of and rising uncertainties in the global economy this year, the Chinese economy has performed steadily within a reasonable range. We are on track to attain around seven percent growth for the whole year and meet the main targets of economic and social development. This will lay the foundation for the Chinese economy to keep a medium-high growth rate and move to a medium-to-high level in the next stage.

The president is also expected to introduce the progress made in implementing the China-proposed Belt and Road Initiative and the opportunities the proposal brings to the region and the world.

At the end of August this year, only 1.69 million couples, 15.4 percent of those eligible couples, had applied to have a second child, according to the explanation note.