BOAO, Hainan - Chinese President Xi Jinping on Sunday urged stronger global cooperation to consolidate the foundation for sustaining stable growth of the world economy.

He made the remarks when delivering a keynote speech at the opening ceremony of the Boao Forum for Asia Annual Conference 2013 held in Boao, a coastal town in South China's Hainan province.

All countries in the world are closely linked and share converging interests, and should both pool and share their strengths, Xi said.

Countries should accommodate the legitimate concerns of others and promote the common development of all while pursuing their own interests, he said.

"We should enhance South-South cooperation and North-South dialogue and promote balanced development of the developing and developed countries," the president said.

He called for more vigorous work to create more cooperation opportunities, upgrade cooperation and deliver more development dividends to the people.

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