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The Asian Infrastructure Investment Bank, a China-advocated multilateral development institution tasked with financing infrastructure construction across Asia, has been signed by 53 out of the 57 founding members as of Oct. 9.

It means the Chinese currency is able to step in the field of international reserve currencies, thus the country does not need to bear the heavy burden of foreign currency reserves, with part of the assets released as an outward investment vehicle.

In the declaration, the two sides pledged joint efforts in fields ranging from RMB internationalization and the free trade talks between China and the European Union to cyber security and climate change.

The expo, which is to last till Friday, is hosted jointly by the Chinese Ministry of Commerce, the Ministry of Economic Development of the Russian Federation, the Ministry of Industry and Trade of the Russian Federation, as well as the provincial government of Heilongjiang.

Li said WWII is inseparable from the cause of human rights worldwide -- the Universal Declaration of Human Rights passed by the United Nations was by no means accidental but based on experiences, including the Chinese people's struggle.