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Xi expressed the hope that the Philippines' top legislature will play a bigger role in promoting China-Philippines friendship, during a meeting with the Philippines' House of Representatives Speaker Gloria Macapagal Arroyo and President of the Senate Vicente Sotto III here on Wednesday.

13.Both sides hail the progress in bilateral trade and economic cooperation, and will continue to actively implement the Six-Year Development Program for Trade and Economic Cooperation (2017-2022). The two sides agree to promote bilateral trade and investment settlements denominated in domestic currencies, and further strengthen exchanges and cooperation between the two customs, to further facilitate economic and trade activities.

Rolls-Royce, a British maker of aircraft engines, signed an engine and maintenance agreement worth 10.13 billion yuan (about 1.45 billion U.S. dollars) with China's Eastern Airlines at the CIIE.

"I believe that, with strong supports and joint efforts of all sides, the CIIE will surely become a high-level international expo which will provide a new platform for deepening international economic and trade cooperation, advancing the joint development of the Belt and Road, and promoting economic globalization, and make greater contribution to boosting the well-being of all people and building a community with a shared future for humanity," Xi said.

First, we should focus on openness to create more space for development. Economic globalization is the sure way for the human society to achieve development, and the multilateral trading system has created opportunities for us all. In today's world, countries' interests are so closely intertwined, and the global supply chain, industrial chain and value chain are so closely connected. We are all links of the global chain of cooperation; increasingly, we are becoming one and same community with shared interests and a shared future.