In a speech to a business conference on the sidelines of the Asia-Pacific Economic Cooperation summit, Xi said China is committed to overhauling its economy and raising the living standards of its people.
China's growth fell to a six-year low of 6.8 percent in the latest quarter as Beijing tries to shift the economy away from reliance on trade and investment.

The slowdown, which has been unfolding for several years, has rippled around the world, crimping growth in countries such as South Korea and Australia that were big exporters to China.
"The Chinese economy is a concern for everyone, and against the background of a changing world must cope with all sorts of difficulties and challenges," Xi said.

“China would preserve stability and accelerate its development. We will work hard to shift our growth model from just expanding scale to improving its structure”, he added.
He also said Beijing is stepping up efforts to counter climate change and clean up its environment.


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