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Xi said in the speech that China's opening-up during the past 40 years has played an important role in changing the country, which achieved an average annual GDP growth of around 9.5 percent in comparable prices and an average annual trade growth of 14.5 percent in dollar terms.

Xi stressed the importance of sticking to the leadership of the CPC and to the system of socialism with Chinese characteristics, aligning with high-standard international economic and trade rules, promoting the smooth flow of production factors and building Hainan into a high-quality free trade port with high standards.

Wuhan, the epicenter of the outbreak, has been under lockdown since Jan 23. Since the coronavirus outbreak started, the city has seen the highest number of infected patients nationwide and reported the most deaths.

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Xi stressed that China is in urgent need of major technological innovation such as the new generation of AI as its economy has been transitioning from rapid growth to high-quality development-a pivotal stage for changing the economic growth model, improving economic structure and fostering new growth drivers.

Xi proposed both countries deepen partnerships in infrastructure, manufacturing, mining, energy, industrial capacity and scientific innovation.

Xi's entourage, including his wife Peng Liyuan; Ding Xuexiang, member of the Political Bureau of the Communist Party of China (CPC) Central Committee, member of the Secretariat of the CPC Central Committee, and director of the General Office of the CPC Central Committee; Yang Jiechi, member of the Political Bureau of the CPC Central Committee and director of the Office of the Foreign Affairs Commission of the CPC Central Committee; State Councilor and Foreign Minister Wang Yi; and He Lifeng, vice chairman of the National Committee of the Chinese People's Political Consultative Conference and head of the National Development and Reform Commission, also returned to Beijing on the same plane.

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Xi said that as close neighbors, China and the ROK had seen huge development progress since they established diplomatic relations 25 years ago.

Xi said the aim is to build China into a great modern socialist country that is prosperous, strong, democratic, culturally advanced, harmonious and beautiful.

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Xi made the remarks during a meeting with visiting Prime Minister Keith Rowley of Trinidad and Tobago.

Xi Jinping, general secretary of the Communist Party of China Central Committee, on Friday presided over a leadership meeting to analyze the COVID-19 response and economic performance.