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Last year, the bilateral trade volume between China and members of the Association of Southeast Asian Nations (ASEAN) exceeded 480 billion U.S. dollars.

UNITED NATIONS, Sept. 25 (Xinhua) -- UN Secretary-General Ban Ki-moon said he "most warmly" welcomes Chinese President Xi Jinping to a UN summit on sustainable development and to the annual General Assembly high-level debate later this month.

The investment treaty talks began in 2008 as China and the United States sought to increase mutual investment, which only accounted for a tiny share of their respective overseas investment.

The two presidents will exchange views on bilateral ties, their respective domestic and foreign policies, and regional and international situation, to ensure that the new model of major-country relationship between China and U.S. further develop on a correct track.

He reiterated China's position of "non-acceptance and non-participation" in the proceedings.