In the next five years, China will import goods worth US$8 trillion, he added.
In a sign that ties are on the mend, Deputy Prime Minister Tharman Shanmugaratnam and Chinese Premier Li Keqiang have agreed to deepen cooperation on the Belt and Road initiative and push for greater economic integration of the two countries by the timely conclusion of the China-Singapore Free Trade Agreement (CSFTA) and the Regional Comprehensive Economic Partnership (RCEP), a trade agreement covering 16 nations.
In January, President Xi Jinping made a rare appearance at the Swiss resort town, paying tribute to globalisation and free trade, days before Donald Trump's inauguration as United States president - in contrast to Trump's "America first" approach.
Speaking Tuesday at an economic conference, Li gave a ringing endorsement of free trade and said China will stick to its commitments to fight climate change.
Trade disputes should be dealt with according to the different situations in different countries, Li said.
Li underpinned the positive role of globalization in promoting the free flow of merchandise, capital and human resources, which creates a bigger market for producers and more choices for consumers that benefit all countries.
"Just like when we sprain our ankle when walking down the road, we shouldn't blame the road and stop walking", he said.
Travelers to Leave Town in Record Numbers With July 4 falling on a Tuesday, some workers will get a four-day weekend, making a quick road trip even more inviting. It's the busiest travel holiday in summer because school's out and families can plan longer vacations around it.
Li said the government is "fully capable" of hitting its economic development targets.
Premier Li said that it is easier to achieve inclusive growth in the new round of industrial revolution, compared with previous ones, as it is marked by the internet, digitalization and intelligence, not only creating new supply and demand, but also bringing equal opportunities for all. The registered urban unemployment rate has remained at around 5 percent.
There are fears the world's second-largest economy will lose momentum as policymakers curb freewheeling credit and property purchases that have powered growth for years, amid warnings of a potential debt-induced financial crisis.
In the first three months of the year China expanded by a better-than-expected 6.9 per cent, raising hopes the economy was stabilising.
The premier acknowledged there are "some risks" in the financial system but said they are "generally under control".
He described mass entrepreneurship and innovation as an effective way to realize inclusive growth, saying the process engages and benefits people extensively.
Li stressed the importance of job creation, and noted that while new technologies such as artificial intelligence and robotics could cause job losses, those are offset by growth sectors such as e-commerce, mobile payments and bike-sharing.
Knight hit a brilliant 106 before she was caught by substitute fielder Diana Baig off the bowling of Asmavia Khokhar. Pakistan , who were 107-3 from 29.2 overs when rain came, lost by 107 runs on the Duckworth-Lewis-Stern system.
On the other hand, there is still a possibility that everyone that wants to get an SNES Classic might not have the chance. Production on that ceased back in April 2017, upsetting a lot of fans who hoped to play those truly classic games again.
The Philadelphia 76ers thrilled their fans and left some suspense surrounding Thursday's National Basketball Association draft. Boston sent its first overall pick to Philly in return for the No. 3 overall pick and future draft picks.
As for North Korea itself? He had been accused of stealing a propaganda poster and was serving a sentence of hard labor. Warmbier's death has caused furor among the American political establishment, including with US President Donald Trump.
Officials say the current around it is as strong as a rip current, so visitors should not try to walk or swim to it. Officials are warning that visiting the island may be unsafe because of the strong currents, riptides and shells.
According to reports the pair spoke for fifteen minutes and discussed issues ranging from Brexit to climate change. After Mr Kenny extended the initial invitation, Mr Varadkar said he was not sure "what objective it would serve".
In victory for Trump, Supreme Court revives Trump travel ban
The relationship must be formal, documented, and formed in the ordinary course, rather than for the objective of evading the EO. According to the State Department, refugees already slated for arrival by July 6 have been told to proceed with resettlement.
'Pharma bro' Martin Shkreli heads into fraud trial
Only one juror said that she would be implicitly on the side of Shkreli, claiming that the stock market is a "scam". He also offered $40,000 for a math proof and $100,000 for tips on the killing of DNC staffer Seth Rich .
Massive cyber attack targets Europe, US
Petya differs from WannaCry in that it does not appear to reach out to the Internet and scan for vulnerable systems, he said. PARIS-Hackers have caused widespread disruption across Europe, hitting Ukraine especially hard.
High profile journalists resign over Trump investigation
It is not immediately clear what in the story is factually incorrect, or whether CNN will continue to report on the issue. At the time, Trump ally Anthony Scaramucci , who was identified in the story, responded that he did "nothing wrong".
North Korea 'most urgent' threat to security - Mattis
Mattis made the comments while testifying before the Senate Armed Services Committee on Capitol Hill, reported Reuters . On Saturday, three USA soldiers were killed when an Afghan soldier opened fire on them in eastern Afghanistan.
May calls for major investigation of cladding
Meanwhile, Britain's government says it is donating 1 million pounds ($1.27 million) to the charitable response to the fatal fire. The funding is in addition to 5 million pounds ($6.4 million) provided for the Grenfell Tower Residents' Discretionary Fund.
'Gotham' star Donal Logue's son goes missing
Donal revealed that the teenager was near the Barclays Center and that he was wearing a lime green hoodie and a dark green parka. If anyone has information as to the whereabouts of Jade , we encourage you to call the NYPD or contact Logue via Twitter.
FBI locates car related to missing Chinese scholar case
The FBI says the vehicle appeared to be driven by a white male who circled the area before making contact with Zhang. "Get better. Zhang's family members have traveled to the central IL school and are staying in university housing as the search continues.
Taco Bell Hosted Its First-Ever Wedding Over the Weekend
Ryckert and Monda, who first met online in San Francisco, quickly bonded over a mutual fondness for food of the Taco Bell variety. For the meal, guests will enjoy a 12-pack of tacos (what else?) and a Cinnabon Delights cake for dessert.