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China aims to increase its annual domestic crude oil output to more than 200 million tons by 2020, while domestic natural gas supply capacity should exceed 360 billion cubic meters.

China and Germany are both strong in their technological capabilities in such fields as the digital economy and artificial intelligence. Germany is advanced in basic research, while China has a huge market that can accommodate all kinds of new business models.

China Grain Reserves Group Ltd, or Sinograin, signed business contracts and cooperative agreements with six agricultural goods traders, including the United States-based Cargill Inc and France's Louis Dreyfus Co, to import soybeans, at the first China International Import Expo in Shanghai.

China and Japan agreed on Friday to step up financial cooperation amid rising economic headwinds and market vulnerabilities due to trade friction from US President Donald Trump's protectionist measures, top officials from both sides said.

China and India, two of the oldest civilizations, share similar humiliating historical and political experiences from the early 19th century.