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China and Japan agreed on Friday to step up financial cooperation amid rising economic headwinds and market vulnerabilities due to trade friction from US President Donald Trump's protectionist measures, top officials from both sides said.

China International Marine Containers (Group) Co, the State-owned transportation equipment manufacturer, aims to build more prefabricated module-themed building and public utility projects across the world to drive growth and diversify its product categories, its executives said.

China National Petroleum Corp, the nation's largest oil and gas producer by annual domestic output, has vowed to gradually boost its domestic natural gas output while importing more clean energy from abroad. It aims to develop its low carbon business as a new driver of development for the company by 2035.

China also promotes practical cooperation in climate change, scientific expeditions, environmental protection, ecosystems, shipping routes, resource development, submarine fiber-optic cables, cultural exchanges, and capacity building in the Arctic.

China accounts for more than half of the trade moving through the Port of Long Beach.