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He Lifeng, deputy head of the National Development and Reform Commission, said that in the three years since the launch of the initiative, over 30 countries have signed cooperation agreements with China on the matter.

Li suggested the two sides give full play to the bilateral free trade agreement and various economic cooperation mechanisms to push forward production capacity cooperation in the areas of mining, energy and infrastructure construction.

At a massive military parade on Sept. 3 last year to mark the 70th anniversary of the end of World War II and the Chinese People's War of Resistance against Japanese Aggression, Chinese President Xi Jinping highlighted China's aspirations for peace while announcing a reduction in the number of military troops by 300,000.

An pointed out that it is crucial for both parties to maintain sound communication to ensure the development of peaceful cross-Strait relations.

He added that what's more important is to manage their differences, knowing that their common interests far outweigh differences, Li said.