Busan, South Korea, Oct. 31 -- Chinese President Xi Jinping said here Thursday that the Chinese economy is like a vast ocean, big, resilient and promising, and that we have the confidence and capability to navigate all kinds of risks and challenges.

He made the remarks during a meeting with his U.S. counterpart, Donald Trump, after landing in Busan for the 32nd APEC Economic Leaders' Meeting in Gyeongju, and a state visit to South Korea.

Xi stressed that there is a good momentum in China's economic development. In the first three quarters of this year, China's economy increased by 5.2 percent, and import and export trade in goods with the rest of the world expanded by 4 percent, he said, stressing that this is not an easy accomplishment...