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BlackRock Financial Management and Neuberger Berman Investment Advisers LLC became the first two foreign financial service providers to apply for mutual fund qualification in China as the limit for foreign ownership in mutual funds was completely eliminated on April 1.

Big data analytics technology was used to enhance efficiency. Founded in 2014, the Beijing-based company is valued at more than billion after raising 0 million in its latest round of financing in July.

Both overseas and domestic climbers must apply as part of a team, not personally, he said.

Both countries should deepen the synergy of their development strategies in the framework of the Belt and Road Initiative, and strengthen coordination in championing world peace and development, Xi said.

Both countries have developed friendship and cooperation based on the five principles of peaceful coexistence, Li said. Development of bilateral ties is beneficial to the two countries, and regional peace, stability and prosperity, he said.