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Both sides should keep high-level exchanges and enhance strategic guidance over bilateral ties, he said.
Britain's Prudential Plc and Canada's Sun Life Financial Inc are among insurers who expressed interest in recent months in owning more of their China operations.
Both sides should better align development strategies, deepen mutually beneficial cooperation, and strengthen people-to-people exchanges, Xi said, adding the two countries should promote infrastructure construction and production capacity cooperation within the frameworks of the Belt and Road Initiative and the FOCAC.
Bucking the trend, medical stocks posted bullish performance. Shares of Bluesail Medical, a leading manufacturer of PVC gloves, jumped 10 percent to close at 31.78 yuan apiece.
Brendan Bechtel, chairman and CEO of Bechtel, the largest construction and civil engineering company in the US, said there are situations in which Bechtel competes head-to-head with Chinese firms.
