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Policies will be improved to make it more convenient for Taiwan's people to study, work and set up their own businesses on the mainland, and services will be enhanced to boost cross-Strait cooperation in fields of agriculture, business and tourism, both parties agreed.

Other topics covered were creating new financing channels for small and medium-sized companies, upgrading the manufacturing sector, fostering new growth momentum, controlling risks in foreign exchange management, and boosting the sharing economy.

Official regulation on medicine and medical equipment will be strengthened, with stricter approval systems for new drugs, improved supervision over production safety and quality, and better medical service price management.

"The elevation of the bilateral relationships shows the growing willingness for bilateral cooperation between China and these countries,"said Wu Hongying, director of the Latin America office of the China Institute of Contemporary International Relations.

China appreciates the new Norwegian government's adherence to the one-China policy and its wish to improve and develop ties with China, said the premier.