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China Railway Group Ltd, an infrastructure construction company, will build a high-speed railway in Russia connecting the country's third-largest city Yekaterinburg with Chelyabinsk, as the Chinese company's overseas business keeps expanding.

China and the EU completed the 13th round of BIT talks last month in Beijing. Eager to deepen their mutual trust, the Chinese government in March pledged to further open its market to European companies and treat them the same way as domestic ones, even before a formal agreement is in place.

China and Chile expanded their bilateral business ties by upgrading the Free Trade Agreement (FTA) during the Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting in Da Nang, Vietnam.

China and Germany, as major economies and countries with global influence, should jointly assume the responsibility to defend international fairness and justice and safeguard free trade and multilateralism, he said.

China also supports Russia's hosting of a trilateral defense ministers' meeting to improve security cooperation among the three nations, Wang said.