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China's top legislator Li Zhanshu also met with Thongloun on Monday.

China's trade with Belt and Road countries has exceeded 5 trillion U.S. dollars and outward direct investment has amounted to over 60 billion dollars, creating over 200,000 local jobs, Xi said.

China's second-largest e-commerce player JD will open more than 1,000 7Fresh fresh food stores across the country in the next three to five years, eyeing the opportunities emerging from the fresh food retail sector.

China's positive achievements in fighting COVID-19 also highlight the efficiency of China's political governance as a crisis of this magnitude requires a strong and well-coordinated political engine that is able to adopt and implement the appropriate measures, according to the ambassador.

China, Allen said, is becoming an innovative economy in many areas — payments, electronic vehicles, drone technology, artificial intelligence and some aspects of life sciences.