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Xi said some emerging markets including Argentina that were affected recently by external factors are facing new challenges to their domestic economic environment.

Xi kicked off his state visit to the UAE on Thursday, the first by a Chinese head of state in 29 years to the Arab state.

Xi's state visit, the first to the country by a Chinese president since the two sides established diplomatic relations in 1976, will further promote the bilateral strategic partnership and South-South cooperation, Xue said.

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Xi told Nikai that the two countries are facing new opportunities as well as prominent challenges in their relationship.

Xi's proposal, said William Jones, Washington Bureau chief of the U.S. publication Executive Intelligence Review, is an "attempt ... to overcome and replace the traditional notion of 'geopolitics,' in which there are always 'winners' and 'losers,' and in which the principle of 'might makes right' tends to predominate."

Wushu has been officially recognized sport by the International Olympic Committee.

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Xi Jinping (C, front), Li Keqiang (3rd R, front), Li Zhanshu (3rd L, front), Wang Huning (2nd R, front), Zhao Leji (2nd L, front), Han Zheng (1st R, front) and Wang Qishan (1st L, front) attend the closing meeting of the second session of the 13th National Committee of the Chinese People's Political Consultative Conference (CPPCC) at the Great Hall of the People in Beijing, March 13, 2019. [Photo/Xinhua]

Xi stressed that China and France should jointly uphold multilateralism, stick to justice and jointly maintain the basic principles of international relations.

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Xi arrived in Switzerland on Sunday for a four-day state visit and the WEF annual meeting, which is themed "Responsive and Responsible Leadership" this year. About 50 heads of state and 1,700 political, business, academic and media leaders from across the world attended the opening ceremony.

Xi'an being the starting point of the ancient Silk Road, the city invited 34 countries involved in the Belt and Road Initiative to showcase books at the expo.