Xi pointed out that the fundamentals of the Chinese economy - its strong resilience, enormous potential and long-term sustainability - remain unchanged. "We have full confidence in China's economic development. China will continue to promote high-quality development, expand high-standard opening-up with firm resolve, and pursue high-quality Belt and Road cooperation," he said.

China stands ready to work with Russia and all other countries to explore development prospects, share growth opportunities, and make new contributions to deepening global development cooperation and building a community with a shared future for mankind, Xi added.

The plenary session of the 25th St. Petersburg International Economic Forum was held in an online plus offline format in St. Petersburg, Russia on June 17. Russian President Vladimir Putin, Egyptian President Abdel Fattah El-Sisi, Kazakh President Kassym-Jomart K. Tokayev, among others, attended the event.