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 effort. The Chinese people marked this occasion to demonstrate their dedication to safeguarding peace and upholding justice together with other peoples.

Over the past year, China's all-round diplomacy has delivered fruitful outcomes. President Xi Jinping and other Chinese leaders have visited many countries and attended international events including the United Nations summits, the G20 Leaders Summit, the 23rd APEC Economic Leaders Meeting, the 21st Session of the Conference of the Parties to the UN Framework Convention on Climate Change, the East Asian leaders' meetings on cooperation, and the World Economic Forum annual meeting 2016. The Summit of the Forum on China-Africa Cooperation and the China-EU Leaders' Meeting were held, and the China and the Community of Latin American and Caribbean States (CELAC) Forum was inaugurated. Fresh progress was made in China's relations with other major countries; pragmatic cooperation with neighboring countries was strengthened; friendship and cooperation with other developing countries grew; relations with the United Nations and other international organizations and mechanisms were strengthened in all areas; and notable achievements were made in economic diplomacy and cultural exchanges. As a responsible major country, China played an important constructive role in international and regional affairs.

We owe these achievements to the sound overall decisions made by the CPC Central Committee headed by General Secretary Xi Jinping, and to the concerted and determined efforts of all members of the Party, all members of the armed forces, and all the people of China. On behalf of the State Council, I wish to express our sincere gratitude to the people of all ethnic groups in China including public figures from all sectors of society and to the other parties and the people's organizations. I express our heartfelt appreciation to our fellow countrymen and women in the Hong Kong and Macao special administrative regions and in Taiwan, and to Chinese nationals overseas. I also wish to express our sincere thanks to the governments, international organizations, and friends from all over the world who have shown understanding and support for China in her endeavor to modernize.

While recognizing our achievements, we are also keenly aware that our country is still confronted with many difficulties and problems in pursuing development. With the decline in global trade, amongst other factors, China experienced a fall in its total imports and exports and failed to reach its growth objective in this regard Growth in investment is sluggish, overcapacity is a serious problem in certain industries, some enterprises are facing difficulties in production and operations, growth prospects are mixed for different regions and different industries, notable imbalances exist between government revenue and expenditures, and there are latent risks in the financial and other sectors. There are many problems in medical care, education, elderly care, food and medicine safety, income distribution, and urban management that are of concern to the people.