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China Mobile Communications Corp, China United Network Communications Group and China Telecom Corp, the country's major telecom operators, have already accelerated their efforts to develop 5G technology, with their total investment in 5G infrastructure forecast to reach up to 0 billion over a seven-year period.

China National Nuclear Power Co has also set up a joint venture that would have one billion yuan in registered capital to develop and produce small, floating nuclear power plants.

China Literature Co-Chief Executive Officers Liang Xiaodong (left) and Wu Wenhui pose during the pre-IPO launch conference in Hong Kong on Oct 25.BOBBY YIP/REUTERS

China and Pacific island countries have strong complementarities in economy, and there is tremendous potential for partnership, Xi said. He added that the common interests between them have increased under new global circumstances, and the foundation for cooperation has expanded rather than narrowed.

China and Greece should cooperate in cracking down on "safe havens" for cultural relics smuggling, honor international standards for the import and export of cultural goods, build national databases, respect and protect cultural rights and interests and contribute to the United Nations' 2030 Sustainable Development Goals, she said.