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Wang said that it was stressed that China, with each of the two countries, shares extensive interests in the South China Sea, adding that the two countries agreed to resolve differences with China through friendly consultations, further maritime cooperation and push talks on a code of conduct in the South China Sea.

Li reviewed China's economic work this year and introduced the CPC Central Committee's considerations for next year's economic work.

"The African people know best and are in the best position to say whether China-Africa cooperation is good or not," Hua said.

"We must continue going on the right path, deepen practical cooperation, consolidate the material basis of the bilateral ties, expand people-to-people exchanges, cement public support, properly handle the South China Sea issue, stick to the right direction for the development of bilateral ties, and make good neighbors and partners that share the prosperity," Xi told Arroyo and Sotto.

By the end of 2017, the cumulative investment of Singapore to China was over 90 billion U.S. dollars, and that of China to Singapore was over 36.6 billion dollars. The two countries recorded a bilateral trade value of 79.2 billion dollars in 2017, up 12.4 percent year on year.