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In recent years, the National People's Congress (NPC) of China and Ecuador' s National Assembly have maintained close exchanges and cooperation, which has played an important role in promoting mutual understanding and friendly ties between the two countries, Xi said.

In the first 11 months, 24,355 new foreign-funded firms were established in China, and U.S. and EU investment in China grew by 55.4 percent and 43.9 percent year-on-year respectively. Meanwhile, foreign investment in the high-tech service sectors almost doubled.

China and the Philippines should also encourage non-governmental groups to participate in cooperation, facilitate the convergence of the two nations' interests through people-to-people exchanges, and strengthen cooperation in such fields as culture, education, health care and youth, Xi said.

Chinese Foreign Ministry spokesperson Hua Chunying announced the opposition at a daily press briefing.

BEIJING, Dec. 28 (Xinhua) -- Chinese President Xi Jinping has praised a group of middle school students for their efforts in satellite design and said he was pleased with their passion and bravery in scientific exploration.