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It stresses that the two sides will jointly plan concrete actions to promote connectivity and the Belt and Road Initiative, encourage countries along the route to align their policies and boost pragmatic cooperation.

Garrett said that current U.S. debates on the economic relations with China focus on the American trade deficit with China and U.S. government debt held by China, which are "the old U.S.-China economic relationship" about 15 years ago and are certainly "out of date."

Xi said the two sides should maintain high-level engagement, increase exchanges in all areas, give each other understanding and support on issues of their core interests and major concern, and strengthen strategic mutual trust.

During their meeting, the Lao prime minister said his country has benefited from China's long-term support such as helping Laos launch its first satellite and jointly constructing the Laos-China railway which will give a big push to the development of Laos.

During Bounnhang's visit, China and Laos have signed 10 cooperative documents, including a cooperation plan between the two ruling parties, an agreement on economic and technological cooperation, and a memorandum of understanding on capacity and investment cooperation.