Editor's note: President Xi Jinping delivered a keynote speech at the opening plenary of the Boao Forum for Asia Annual Conference 2013 on Sunday in South China's Hainan province.

Following is the translated version of the full text of his speech from Xinhua News Agency.

Your Excellencies, Heads of State and Government, Speakers of Parliament, Heads of International Organizations, Ministers, Members of the Board of Directors of the Boao Forum for Asia, Distinguished Guests, Ladies and Gentlemen, Dear Friends,