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China and Spain will further enrich business ties in areas including high-end manufacturing, renewable energy sources, tourism and other service sectors over the long run thanks to developments brought about by the Belt and Road Initiative, officials and experts said.

China and other partner economies participating in the initiative have achieved fruitful results, Weng said. SOEs have participated in more than 3,000 projects in countries and regions covered by the Silk Road Economic Belt and the 21st Century Maritime Silk Road.

China Daily-Bloomberg

China and Portugal will be dedicated to improving the comprehensive strategic partnership between China and Europe, enhancing cooperation under multilateral frameworks such as the UN, and jointly safeguarding multilateralism and global trade, Xi said.

China and Canada also aim to double their trade volume by 2025 from the .7 billion recorded in 2015.