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4.The two Leaders recognize that the elevation of China-Philippines relations to higher levels is in line with the fundamental interests and shared aspiration of the two countries and peoples. Thus, on the basis of mutual respect, sincerity, equality, mutual benefit and win-win cooperation, the Leaders decided to establish the relationship of Comprehensive Strategic Cooperation.

"China has been expanding imports over the years in order to meet the Chinese people's demand for better lives and high-quality development," he said, adding that after reaching preliminary consensus on trade issues of farm produce and energy during the previous consultations, the two sides will continue to hold consultation on these issues plus manufactured goods and service trade.

From then on, Xi sent the international community welcoming messages to participate in the expo on various occasions: from the Asia-Pacific Economic Cooperation CEO Summit in Da Nang, Vietnam, to the Boao Forum for Asia Annual Conference; from the Shanghai Cooperation Organization Qingdao Summit to the ministerial meeting of the China-Arab States Cooperation Forum; from the BRICS Business Forum in Johannesburg, South Africa, to the Beijing Summit of the Forum on China-Africa Cooperation.

The expo is not just a major step taken by China to deepen its reform and opening-up, said Zhang Ting, spokeswoman of Panasonic's Chinese branch.

In line with the development needs of both sides, the China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity - New International Land-Sea Trade Corridor and a third party collaboration project will be new highlights in the bilateral cooperation, it said.