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BEIJING, May 14 (Xinhua) -- Chinese President Xi Jinping and his wife Peng Liyuan hosted a banquet Tuesday evening in honor of guests who are in Beijing for the upcoming Conference on Dialogue of Asian Civilizations (CDAC).

China and France, both important players in global governance, enjoy a broad political consensus and a solid foundation for cooperation on such major issues as safeguarding world peace, security and stability, upholding multilateralism and free trade, and supporting the United Nations (UN) in playing an active role, Xi said.

This will help China better conform with the international rules, said Zhang Jin, a national political advisor and businessman from Guangdong.

"These are all important measures that will have an impact and will help foreign suppliers to the Chinese market, including American suppliers," said Allen, adding that the moves will also strengthen the competitiveness of the Chinese economy, which is "definitely win-win."

Calling China and Italy important strategic partners to each other, Xi urged both sides to view and handle the bilateral ties from a strategic height with long-term perspective.