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Media reports said the European Commission will explore launching negotiations on investment with Taiwan, as outlined in its latest trade policy communication released on Oct. 14.

He also encouraged them to implement the national strategy of an innovation-driven economy, and to seek greater progress in the most advanced scientific and technological projects.

China stands ready to make joint efforts with the Australian side to make good use of the annual meeting mechanism between the two nations' prime ministers as well as the bilateral dialogue and exchange mechanisms in various fields, deepen mutual trust, expand bilateral cooperation and promote multilateral communication and coordination, so as to benefit the two peoples and boost regional development and prosperity, said Li.

Representatives of ASEAN members and the secretariat of the summit signed a memorandum of understanding on the platform to boost cross-border commercial cooperation and services.

He attributed the company's participation in the project to the increasingly close economic and trade ties between the two countries.