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Chinese President Xi Jinping attends a grand welcome ceremony held by his Italian counterpart Sergio Mattarella before their talks in Rome, Italy, March 22, 2019. [Photo/Xinhua]

Chinalco, which has been operating in Peru for 10 years, hopes to triple its processing capacity to 157,000 metric tons a day, and to double its annual output of fine copper to 300,000 metric tons sooner or later.

China's private sector savings rate accounted for 92.7 percent of national savings in 2017, with 45.4 percent of corporate savings and 47.3 percent of household savings. The increase of population dependency ratio and the change in structural factors are the main determinants of the change in residents' savings.

Chinese State Councilor and Foreign Minister Wang Yi said at the dialogue on Sunday that China hopes the two sides can make steady headway in promoting bilateral investments and trade cooperation, and actively explore third-party market cooperation as well as local cooperation.

China, a world leader in the PV industry, recorded strong growth in the sector with PV module production at 76 GW in 2017, up 31.3 percent.