Chinese Vice President Xi Jinping said on Wednesday that China has made great achievements in its quake relief work at the current stage.

He made the remarks when addressing the 18th Asian Corporate Conference of Asia Society held in north China's Tianjin Municipality.

Xi Jinping said the 8.0-magnitude earthquake in Sichuan Province on May 12 was the most powerful quake since the new China was established in 1949.

"The Chinese people would surely overcome all difficulties to win the victory in the quake relief work, and fulfil the solemn promise of holding a characteristic, high-level Olympic Games."

Xi also spoke highly of the valuable help extended by foreign countries, international organizations and friends in quake relief efforts.

The 18th Asian Corporate Conference of Asia Society, themed at "New era for global business: Sustainable growth for China and the world" was jointly held by Asia Society, Tianjin municipal government and the Asian Wall Street Journal.

Xi Jinping sent congratulations to the annual conference on behalf of the Chinese government, saying the theme was in accordance with the trend of economic globalization and the real situation of economic development in Asia and China.

"I believe the conference will achieve fruitful results and provide valuable experience for countries and regions in the world."

The vice president also elaborated on China's progress on sustainable development since the reform and opening-up policy implemented in late 1970s.

The conference will last until May 30. It will hold discussions in the fields such as energy, environment, internationalization of Chinese enterprises, as well as financial and technical innovation.

Asia Society was founded in 1956. It is the leading global organization working to strengthen relationship and promote understanding among the people, leaders, and institutions of Asia and the United States.