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Xi urged the authorities to create a favorable environment for the development of the companies as well as speed up legislation on the Internet and enhance supervision over cyberspace to deal with cyber risks.

Authorities should prevent minor problems from developing into major issues, said Xi.

He urged the two countries to integrate development strategies, maintain high-level exchanges, strengthen strategic communication, handle bilateral relations from a long-term and strategic perspective, and map out top-level designs for bilateral ties and cooperation in various fields.

While highlighting reforms for state-owned enterprises and the fiscal and taxation system, the statement said reform in social aspects that can improve people's livelihoods must be concretely implemented, citing employment, education, income and health.

China expects improvements to global economic governance and international financial stability and to see revitalization of trade and investment through an open global economy.