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In addition to the aid, Xi said China will strive to increase its investment in the least developed countries to 12 billion dollars by 2030, the deadline set by the UN for meeting a new set of development goals that aim to eradicate poverty in 15 years.

This year marks the first "China-UK Cultural Exchange Year", with both sides holding various activities in the other country, forming a bigger platform for the cultural creative industries in both countries as well as providing opportunities for people from both countries to enjoy literature and art works and communicate with each other.

"The two countries should lay special focus on fostering new growth points in two-way investment and cooperation in finance, innovation and entrepreneurship," Li told Merkel in their talks at the Great Hall of the People in downtown Beijing.

BEIJING, Oct. 19 (Xinhua) -- China will continue to encourage innovation and entrepreneurship, Vice Premier Zhang Gaoli said on Monday.

He hoped that this exhibition would help to shed more light on the history of the Second Word War, especially on China's part, and mutual understanding between both countries should be further enhanced in order to contribute more to the world peace.