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Juncker said the EU and China, as cooperation partners, could do great things together for the world.

Wang said he appreciates Hung's long-term adherence to the 1992 Consensus and opposition to "Taiwan independence" as well as her contributions to the development of relations across the Taiwan Strait.

Reaffirming the Party's commitment to poverty reduction, Xi said that no one should be left behind as the country marches toward building a moderately prosperous society in all respects, and the assistance must be offered to everyone in need because "that makes a Communist party."

China has been committed to promoting coordination between major countries and looked forward to harmony among major countries, with no conflict or confrontation but mutual respect and win-win cooperation, Xi said.

Of the Chinese goods already under higher tariffs, more than 70 percent are intermediates and investment goods. Such a higher proportion means that the tariffs will be eventually be passed on to American businesses, consumers and farmers, said Chen Wenling, chief economist with the China Center for International Economic Exchanges.