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"The downturn is acceptable and we don't have to worry much," he said, "We should focus on structural adjustment, high-tech innovation and training."

China should do more to put its regulations in line with international standards and treat Chinese and foreign companies equally, he added.

He proposed both sides enhance political trust and build consensus, strengthen guidance in public opinion, properly handle their maritime disputes, and promote pragmatic cooperation in various areas.

Noting that the next year marks the 40th anniversary of China-Fiji diplomatic ties, Xi said China is willing to strengthen exchanges with Fiji at different levels, expand practical cooperation and push for further progress in bilateral ties.

He urges the establishment of new mechanism to the benefit of producing innovation fruits and converting these results to industrial applications.