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Entrepreneurs here believe that China, in restructuring its economy, will find a suitable outlet in Latin America for its overcapacity and rising outward investment. Meanwhile, Latin America is in pressing need of capital and technology to expand its infrastructure, improve its manufacturing capabilities and reduce its heavy dependence on the export of raw materials to maintain its economic growth and sustainable development.

Wang said that China would continue high-level contacts and exchanges with Russia, promote the linking of the Moscow-led Eurasian Economic Union with Beijing's Silk Road Economic Belt initiative.

Briefing King Philippe on the Silk Road Economic Belt and the 21st - Century Maritime Silk Road initiatives, Xi said China welcomes Belgium's participation and will support its accession to the Asian Infrastructure Investment Bank.

He also voiced his hope for exchanging views on key issues of common concern, so as to break new ground for the China-EU all-round cooperation.

Li said he expects to conduct in-depth discussions with the new EU leadership on deepening bilateral ties and pragmatic cooperation, accumulating strategic consensus, coordinating respective development strategies, and broadening insights on cooperation.