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Wang said Xi discussed with leaders of the two countries overall plans for aligning the BRI with their development strategies and deepening win-win cooperation, and witnessed the signing of related agreements.

With all-round cooperation going well and China being one of the most important partners for the Philippines' economic development, the Philippines-China relations are now at the best period in history, said Arroyo and Sotto.

Xi will deliver a keynote speech at the APEC CEO summit, give an important speech at the informal meeting of leaders, attend a lunch meeting and the dialogue between APEC leaders and representatives of the APEC Business Advisory Council, and meet leaders of other APEC economies, said Assistant Foreign Minister Zhang Jun.

Robert Lawrence Kuhn, a leading American expert on China who was honored with China Reform Friendship Medal on Tuesday, said China's direction is clear, that is, socialism with Chinese characteristics, the leadership of the Communist Party of China (CPC) in all areas, putting people and their well-being and happiness first, and the need to further implement and deepen reforms.

The Chinese people highly appreciate Sanchez, who has significantly contributed to the bilateral ties by making a right and historic decision with strategic vision, political courage and a sense of responsibility, Xi said.