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At the session, Wei Shaojun, director of the Institute of Microelectronics at Tsinghua University, gave a lecture on China's strategy on developing Internet power.

Following the successful Johannesburg summit of the Forum on China-Africa Cooperation in December last year, China has been deepening and expanding the scope of its industrial capacity cooperation with Africa.

The NPC is ready to strengthen cooperation with the National Assembly (NA) of Vietnam, he said, calling on the two sides to share experience on state governance and legislative supervision.

China is willing to encourage more investment in Uruguay, channelled toward infrastructure projects, Xi stressed, adding that the country is also looking forward to expanding cooperation in agriculture, clean energy, communications, mining, manufacturing and finance.

Over the past three years, the Chinese government has made tremendous efforts to streamline its administration and delegate powers to ease the restrictions on doing business. For example, in terms of the number of items and areas where foreign investment is restricted, that number is halved, and we intend to cut it further.