Allison said China has set a successful example for poverty reduction in the world. "If I have to choose the best of China's countless achievements, I would choose poverty reduction."

The poverty rate had fallen among the rural population from 97.5 percent in 1978 to 3.1 percent at the end of 2017, according to the State Council Leading Group Office of Poverty Alleviation and Development.

Other sources show in the past five years, over 68 million people have been lifted above the poverty line -- defined as per capita annual income lower than 2,300 yuan (about 334 U.S. dollars).

"The 40th anniversary is an opportunity to shed light on the amazing things that China has accomplished," said Dawn Nakagawa, executive vice president of the Berggruen Institute, a think tank.

"No other country has achieved consecutive years of growth, at levels that are so high," said Gordon Brown, former prime minister of the United Kingdom.

Evan Spiegel, 28, is one of the youngest participants at the conference. "I came here again trying to understand China's long-term vision."

"China's progress since starting the reform and opening-up is unbelievable and inspiring for the world," said Spiegel, co-founder and Chief Executive Officer of Snap Inc.

WIDER OPENNESS

Going forward, how China will continue to comprehensively deepen reform and open wider to the world has attracted much attention.

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