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By the end of 2015, the majority of the country's 21.9 million registered enterprises were small or medium-sized businesses, according to government data. In industry, for example, small and medium-sized businesses accounted for about 99.6 percent of all firms.

Ma said China is willing to strengthen economic and financial cooperation with France with respect and in the interest of both sides and to further promote their comprehensive strategic partnership.

Wang, also head of the State Council Leading Group of Poverty Alleviation and Development, was briefed on the nationwide inspection, which started last month to find both good practices and problems in poverty relief.

In a joint statement issued after the talks between the two presidents on Thursday, China and Ecuador agreed to lift their relationship to the comprehensive strategic partnership.

"The most important task is now to consolidate the advances in economic relations made since Peru and China began their free-trade agreement (FTA) in 2010," Peruvian economist, Fernando Gonzalez, told Xinhua.