The congress will hear and deliberate a work report by the 11th Executive Council of the ACWF, amend the federation's constitution and elect its new leadership, according to a statement by the ACWF.
The country also made considerable progress in services and innovative commodity consumption last year, two sectors that are expected to provide the much-needed momentum for the upgrade and growth of the sector, the China Council for the Promotion of International Trade Academy (CCPIT Academy) said in its report on Tuesday.
The country has introduced action plans to fight air, water and soil pollution and rolled out its harshest-ever environmental protection law.
The construction guideline on joint ownership housing issued by Beijing housing commission on September 23 went into effect from Saturday.
The conference has been convened every five years since 1997 and is widely considered to set the tone for financial reforms.
The conference, an event jointly hosted by the science and technology authority and IDG Asia, brought more than 200 guests from the world's leading technology enterprises, international organizations and government authorities to discuss topics related to emerging technologies, such as 5G, the industrial internet, public health, venture capital, industrial design and artificial intelligence.
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The council leader said the area's history is an inspiration for the future. "The Chinese government is developing these 'silk routes' out of China and it wants to work with partners who feel the same when it comes to respecting the past but also moving forward."
The country's PMI for the manufacturing sector rose to 51.5 in September from 51 in August, according to the National Bureau of Statistics.
The cooperation with Xinjiang will be a win-win deal, he said.
The country will continue to uphold the underlying principle of pursuing progress while ensuring stability as well as the new development philosophy, and to advance high-quality development, said a statement released after the meeting.