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"We share the recognition that water policy innovation and reform should be promoted by each country in order to strengthen the core role of water resource in sustainable development, improve synergy among relevant government agencies and relevant stakeholders, enhance the resilience of water infrastructure and attract more financial investment into the water sector," the statement said.

Hailing development of ties, the two presidents agreed to maintain high-level exchanges, boost economic cooperation and increase people-to-people and cultural exchanges.

After their talks, the two leaders witnessed the signing of bilateral cooperation deals on travel facilitation measures and agricultural cooperation.

Instead, China wants all to benefit. China will be glad to see Latin America benefit from bilateral, trilateral and multilateral relations with other parties, which will also benefit China in the long run.