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Zhang said bilateral cooperation in the areas of investment and finance has made major progress. China has increased investment in Russia and become the country's fourth largest source of foreign direct investment.

Eight Chinese vessels had searched 63,187 square kilometers of the sea's surface as of 12 a.m. Friday, covering 5721.3 square kilometers of waters underneath. No confirmed debris has been found yet.

At the meeting, the premier also urged healthy development of the country's capital market through reforms and innovation.

"I believe this visit will further consolidate the strategic trust between China and Africa, deepen their cooperation in all areas, and promote China-Africa relations and the relations between China and the African Union (AU) to a new high," said Zhang Ming at a press briefing.

This year marks the 35th anniversary of the establishment of bilateral ties between China and Portugal. Recalling the 35-year history, Xi said the two nations have treated each other equally with mutual respect and trust, and handled bilateral ties from a strategic height and a long-term perspective.