China's development promotes world peace, development: Xi

China's development over the past 40 years has effectively served the cause of world peace and development, President Xi Jinping said on Tuesday.

Xi made the remarks while addressing a gathering marking the 40th anniversary of the reform and opening-up.

China's development has provided successful experience and offered a bright prospect for other developing countries as they strive for modernization, representing a great contribution of the Chinese nation to the progress of human civilization, Xi said.