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China and the ASEAN countries have the capability, the confidence and the will to jointly safeguard regional peace and stability in the South China Sea, it said.

The drill is the fifth of its kind under the SCO framework and will aim at countering terrorism, separatism and extremism, safeguarding regional peace and stability and improving the militaries' coordinated ability to fight terrorism, said China's Ministry of National Defense.

SEOUL, July 4 (Xinhua) -- Chinese President Xi Jinping said here Friday that China-South Korea relations, experiencing over two decades of sound development, has brought tangible benefits to each other.

Chinese President Xi Jinping's address to the opening ceremony pointed out priority areas for China-Arab states cooperation in the coming 10 years, which is a guide of action for the future development of the bilateral ties, said Foreign Minister Wang Yi at the concluding ceremony.

Institutional innovation should be focused on to create a fair and efficient international business environment, the president said.