The G20 should continue to prioritize development in macroeconomic policy coordination and increase development input, he said.

Fourthly, Xi urged the G20 members to uphold the spirit of partnership and properly address differences.

The G20 members are at different stages of development, so it's normal for them to have different interests and disagreements, he said, stressing that the key is consultation on the basis of equality, seeking common ground while reserving differences, managing divergences and expanding consensus with an attitude of mutual respect and mutual trust.

The Chinese economy is registering a stable performance with good momentum for growth, Xi said, pledging a series of major measures on further opening up and to press ahead with high-quality development.

Firstly, more will be done to open up the Chinese market wider, Xi said.

According to the president, China will soon release the 2019 edition of the negative list on foreign investment, with the focus on greater openness in agriculture, mining, manufacturing and services.

China will set up six new pilot free trade zones, open a new section of the Shanghai Pilot Free Trade Zone, and speed up exploration of building a free trade port in southern Hainan Province, he said.

Secondly, greater initiative will be demonstrated in expanding imports, Xi said.

China will further bring down its overall tariff level, strive to remove non-tariff trade barriers, and slash institutional costs in imports, he said, adding that China will make the second China International Import Expo a success.

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