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If the goal can be achieved, it will be good for the people of China and the United States, as well as for world peace and development, said Xi when meeting with a group of U.S. business leaders and former U.S. officials.

BEIJING, Oct. 14 (Xinhua) -- A senior official of the Communist Party of China (CPC) on Wednesday called on Asian political parties to jointly promote the Belt and Road initiative.

China has no military base in Asia and stations no troops outside its borders, and has long pledged never to practice expansionism and seek hegemony.

--Our economic integration has been furthered. China is ASEAN' s biggest trade partner while ASEAN is China' s third largest trade partner, fourth largest export destination and second largest source of import. Last year, bilateral trade volume has exceeded 480 billion US dollars, up by 8.3 per cent, or 4.9 percentage points higher than China' s overall foreign trade growth. The two-way accumulative investment has surpassed 130 billion dollars. We have made progress in negotiations of upgrading the China-ASEAN Free Trade Area (CAFTA) and the negotiations of Regional Comprehensive Economic Partnership (RCEP). The road map of economic cooperation in Pan - Beibu Gulf has been completed.

Prior to the talks, Li held a red-carpet ceremony to welcome the German chancellor.