President Xi Jinping said on Friday that a growing and developing China is not a source of Europe's problems, but a partner and fellow traveler that can help Europe address its challenges.

Chinese President Xi Jinping recently replied to 110 young Australian students who had written to him, encouraging them to remain committed to promoting the China-Australia friendship.

"Our aim is to turn the China market into a market for the world, a market shared by all, and a market accessible to all," Xi has said.