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China and Israel have seen an increase in bilateral trade and a substantial progress in economic ties in recent years.

China Construction Bank, the country's second-largest State-owned commercial lender by assets, held an opening ceremony in Shanghai in April for its own tech subsidiary, which has a registered capital of 1.6 billion yuan (1 million).

China Export and Credit Insurance Corp has provided about 70,000 companies going abroad with insurance, risk management and financing services.

China and the Philippines will continue to address territorial and jurisdictional disputes by peaceful means, without resorting to the threat or use of force, through friendly consultations and negotiations by sovereign states directly concerned and the exercise of self-restraint, in accordance with universally recognized principles of international law.

China and Kazakhstan should improve the alignment of their development strategies and boost cooperation in production capacities, energy, agriculture, interconnectivity, finance, cross-border e-commerce, high-technology, education, sports, culture and tourism, Li said.