The conference also urged efforts to promote the healthy development of the capital market, and improve the quality of listed companies.
The conversation came at a time when two-way ties have been strained by Washington's recently unveiled plan to sell arms to Taiwan and the incursion of a warship into Chinese territorial waters off the Xisha Islands in the South China Sea.
The consultancy said the LCD TV panel production area of Chinese manufacturers will account for more than 50 percent of the global total this year, surpassing South Korean competitors who are accelerating the shutdown of large-sized LCD panel production capacity due to competition from Chinese manufacturers.
The countries will also step up collaboration in anti-money laundering and combating the financing of terrorism.
The country will step up its push to import more products people strongly demand, Xi said at the opening ceremony of the 2018 Boao Forum for Asia Annual Conference.
The cotton output of Xinjiang Uygur autonomous region, the country's largest cotton growing area, accounted for 84.9 percent of the total in 2019, the data showed.
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The country was also hit by droughts which affected 4.07 million people and 640,000 hectares of crops as of early June.
The country has dealt with online payments pretty well. They eliminated paper checks decades ago, introduced online banking 15 years ago and brought in a secure QR code scanning system.
The contestants were judged on first impressions, unusual attributes, personality and audience reaction.
The constitution was enacted in 1947 by the United States to force Japan to fully renounce war, as the militarist Japan waged the Pacific War and committed numerous war crimes against humanity.