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The government has approved a slew of new measures to boost innovation and entrepreneurship, including financial support, facility construction and administrative assistance.

"Investment into overseas nuclear power plant is usually more substantial than at home. We will get returns from electricity sales and equipment procurement, because a large amount of this will be done in China," said Zhou Dadi, a researcher with the energy studies center of the National Development and Reform Commission.

In his speech given at Parliament's magnificent Royal Gallery, the president quoted Shakespeare as well as ancient Chinese proverbs, and reviewed the friendly exchanges between the two countries in history and modern days.

All policies and programs on economic development, people's livelihoods, reform, ethnic minorities and religion should contribute to the final goal, Yu said.

He said the International Chamber of Commerce (ICC) forecast that the agreement will boost global exports by over 1 trillion U.S. dollars, while the Organization for Economic Co-operation and Development (OECD) expects it could reduce worldwide trade costs by between 11 percent and 14 percent.