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Timor-Leste's new President Francisco Guterres Lu-Olo said that his country supports and actively participates in the Belt and Road construction.

Chile was the first South American country to establish diplomatic ties with China, as well as the first Latin American country to sign a free trade agreement with China, Xi said.

China and Vietnam are both Communist Party-led socialist countries, said Li, urging the two sides to develop relations in line with the principle of "friendly neighborliness, comprehensive cooperation, long-term stability and looking toward the future," and the spirit of "good neighbors, good friends, good comrades and good partners."

Although there was an 87 percent growth in debt balance that the local governments have committed to repay with public funds, and some counties and the western region with comparatively smaller debt balances in previous years saw their debt balances more than doubled, the average government debt ratio (the debt balance to be repaid with public funds by government divided by the comprehensive financial resources of the same government) in these regions reached 70 percent.

Trump said he looked forward to meeting with Xi during the upcoming G20 summit in Hamburg and paying a state visit to China at Xi's invitation later this year. He also hoped that these high-level interactions will further promote the development of U.S.-China relations.