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Both China and the EU agreed to uphold the purposes and principles of the UN Charter, and to help the international order develop in a fairer and more reasonable direction.

China has drafted five-year plans since 1953 to map strategies for overall economic and social development, setting growth targets and defining development policies.

During the talks, the sides attained 119 outcomes in seven areas, namely education, science and technology, culture, health, sports, women and youth affairs.

The AIIB is designed to finance infrastructure construction in the continent. It will have authorized capital of 100 billion U.S. dollars and the initial subscribed capital is expected to be around 50 billion dollars.

In addition, they agreed to continue strengthening their cooperation in science and technology, education, culture, health and other people-to-people areas, and formally establish an exchange and cooperation mechanism on science and technology parks.