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Xi called for dovetailing the Belt and Road Initiative with Argentina's development strategy, expanding cooperation in industries such as infrastructure, energy, agriculture, mining and manufacturing, and implementing existing major cooperation projects such as in hydro-power and railway fields.

China and the EU need to remain committed to the overall direction of economic globalization. In his speech at the World Economic Forum in Davos earlier this year, President Xi Jinping underscored China's commitment to upholding free trade and put forward the proposition of making economic globalization more open, inclusive, balanced and beneficial to all. His message has given a boost to people's confidence in economic globalization.Powered by trade and investment liberalization and facilitation, economic globalization has always been and will continue to be a major driver for sustained global growth. Just as there is no panacea in the world which does not involve any pain, economic globalization is not problem-free. We need to face up to these problems and make efforts to address and alleviate their adverse impacts. In any case, one cannot stop eating for fear of choking, to apply the brakes on economic globalization or try to reverse course is neither advisable nor consistent with the historical trend. The most urgent task now is to uphold free trade, re-energize trade and investment, push the global economy onto the track of steady recovery and spread the benefits of economic globalization to more countries and communities. Both being beneficiaries of free trade, China and the EU should also be its staunch advocates.

Since it was first proposed in 2013, Xi told today's opening session, the Belt and Road has brought better infrastructure, increased trade, a degree of financial stability, and people from many lands working together to build railways, friendship, ports, and trust.

It urged more support for groups in need, such as the poor, children in difficulty, mentally-challenged people, left-behind children, senior citizens as well as people who have been convicted of crimes or released from prison.

The two sides held discussions on issues including the promotion of next-step practical maritime cooperation and the possible establishment of technical working groups.