While advancing the modernization of the country's governance system and capacity, Xi said, the basic socialist economic system with Chinese characteristics should be upheld and improved.
While many western countries continue to stagnate, China has grown and kept stable. This is due to the strong leadership of the Communist Party of China (CPC), which is markedly different from the western system where multiple parties hold office in turn, often bickering on their way to power.
While consumption already contributed some 76 percent to the country's economic growth last year, the country's gigantic consumer market is still largely untapped, analysts said.
White House Deputy Chief of Staff for Operations Joe Hagin, who leads the US delegation, also arrived in the city state on Monday.
While an encouraging sign of a turnaround following the government-ordered shutdown intended to curb spread of the coronavirus, it follows a 14.7 percent drop in April, and retail sales still remain below pre-pandemic levels.
While recognizing China's underrepresented bond portfolios, especially its role in the global economy and the size of its debt market, "32 percent of fixed income investors globally intend to increase their allocations to China over the next three years," it said.
上海徐浦诊肿瘤会诊中心
While it continues to deepen energy cooperation with old partners, the company plans to seek new partnerships for sustainable development in the future.
While meeting with Chui, Li encouraged the Macao SAR government to keep moving forward with adjustments in economic structure, foster key industries such as leisure tourism and exhibitions, and improve the business environment.
While supporting the production resumption of export-oriented firms, the government has highlighted key areas and paid close attention to the core parts of the industrial chain and leading companies, as well as key links in field of foreign trade.
While some progress has been achieved in China's deleveraging moves, economists said more efforts are needed to curb risks in the financial sector as corporate bonds and local government debts account for a big percentage of total debts.