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All sides agreed that they should continue to advance the CICA process based on Asia's realities, implement the confidence-building measures, seek common, comprehensive, cooperative and sustainable security, respect cultural diversity and build Asia into a harmonious region with lasting peace and prosperity.

The Chinese government puts great emphasis on financing for micro and small enterprises. Premier Li has repeatedly highlighted the need for taking a multi-pronged approach in lowering the real interest rate so as to meaningfully ease the financing difficulties facing micro and small enterprises.

According to media reports, China's Zhejiang Qianjiang Motorcycle Co., Ltd on Thursday signed a cooperation agreement with Harley-Davidson, Inc. to co-develop a small motorcycle with an affordable price, which is planned to be launched in the Chinese market by the end of 2020.

Basic education to eliminate illiteracy and implement universal coverage of nine-year compulsory education has been very effective in poverty alleviation in China, Shang said, adding that China was one step ahead in targeting illiteracy way before 1960s, when the rest of the world began to pay attention.

He cited the FY2018 Survey on the International Operations of Japanese Firms, a survey conducted by the Japan External Trade Organization. According to the results, Japanese firms remain optimistic about the Chinese market. "China ranks first in terms of Japanese enterprises' exports, investment and overseas e-commerce strategies," he said.