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China and Portugal will be dedicated to improving the comprehensive strategic partnership between China and Europe, enhancing cooperation under multilateral frameworks such as the UN, and jointly safeguarding multilateralism and global trade, Xi said.

China also hopes all countries will make the right judgments and choices in line with their own interests, he added.

China Construction First Group workers use a spirit level at an indoor basketball stadium in the Tibet autonomous region. [Photo/Xinhua]

China International Capital Corporation predicted M2, a broad measure of money supply, is expected to grow by only about 9.6 percent in June year-on-year, the same as May. That level is significantly lower than those seen in recent years, which often reached 13 percent, arousing concerns from the financial markets.

China and the EU should follow the principle of flexibility and pragmatism and meet each other halfway to find an early solution to difficulties in the China-EU Investment Agreement negotiation. A comprehensive, balanced and high-level investment agreement should be reached within this year. On this basis, it is necessary for the two sides to conduct a joint feasibility study on a free trade agreement as soon as possible and launch the free trade process. The two sides should also strengthen macroeconomic policy coordination and conclude the China-EU Cooperation 2025 Strategic Plan at an early date, so as to provide an institutional framework for their all-round dialogue and cooperation.