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Medvedev pointed to the electromechanical, agriculture, science and technology, aviation, high-speed railways as the sectors where the two sides should promote cooperation, and vowed to go all out to reach the goal of raising the two countries' trade volume.

High-tech cooperation is another highlight of our bilateral cooperation. In 2013, Pegaso nanosatellite was successfully launched aboard a Chinese rocket. China is heartily glad about being able to help Ecuador realize its satellite dream. Having learned from its own development experience that science and technology is a primary source of productivity, China understands Ecuador's pursuit of prosperity through advance in science and technology. It has offered support with concrete actions, including by sending eight scientists to participate in the Prometheus program, opening a joint research lab in the Yachay City of Knowledge, and holding the meeting of China-Ecuador Mixed Commission of Scientific and Technological Cooperation and the China-CELAC Forum on Science, Technology and Innovation.

The summit sent to the world a positive message of promoting world peace and stability, enhancing trade liberalization and investment facilitation, and advancing the globalization process, Li said when addressing the summit.

The two heads of state will blueprint the future of bilateral relations from strategic perspectives, which will promote the China-Ecuador strategic partnership to a new height.

In the context of fragile world economic recovery and slowing global trade growth, China and Russia should further give full play to their complementary advantages, so as to add new vitality into each other's development, revitalization, and economic transformation and upgrade, Li said.