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Gu said some ranch owners with whom he had spoken have shifted their stance on Washington's trade policy toward China, recognizing their losses could not be compensated by the short-term U.S. government subsidies if the United States and China fail to reach an agreement on trade issues.

"China will not change its initiative to expand market opening up, nor will it change the policy of welcoming foreign investment," said Li, adding that China will further enhance the protection of intellectual property rights.

Calling for the firm pursuit of high-quality development, Wang urged them to focus on their respective sectors and industries, promote quality workmanship and work to transform "made-in-China" into "created-in-China," Chinese speed into Chinese quality, and Chinese products into Chinese brands.

ROK and Japanese foreign ministers agreed to actively promote cooperation among the three countries, accelerate the negotiations of the RCEP and China-Japan-ROK free trade area, and jointly safeguard multilateralism and free trade.

From February to August this year, the figure totaled about 1.48 million.