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This came on Tuesday when visiting Chinese Vice President Li Yuanchao met and held talks with Djiboutian Prime Minister Abdoulkader Kamil Mohamed in Djibouti on ways of further strengthening bilateral relations between the two countries.

Bilateral trade volume has grown fourfold since the FTA went into effect in 2006. China is now Chile's largest trading partner, its largest export destination and the largest buyer of copper products.

"Our strategy to boost westward growth has not changed," Li pointed out. "Yet recently there has been a divergence in development between southern and northern China. Meanwhile, each of the six central provinces has its own conditions. It is necessary to improve coordination across regions so that the central region can truly play a pivoting role in China's economy."

In Quito, the two presidents are expected to blueprint the future of bilateral relations and work to further promote the strategic partnership.

On trade and investment, the participants gave encouragement to the progress in the ongoing EU-China negotiations over an ambitious and comprehensive investment agreement. They welcomed further cooperation on enhancing trade through e-commerce platforms and urged Chinese and CEE countries' businesses to promote exports and imports of their high-quality and characteristic products through e-commerce.