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BUDAPEST, Nov. 10 (Xinhua) -- The annual Chinese-Hungarian Friendship awards were presented in a ceremony at Budapest's Chinese-Hungarian Bilingual Primary and Secondary School on Thursday.

He added that in order to improve people's livelihoods, targeted and precise measures should be adopted to alleviate poverty. More education and health care resources should be channeled to the western regions, and basic public services should be increased.

He added that both countries shall continue to "actively explore potential in cooperation regarding medium- and small-sized enterprises, technological innovation and agriculture, among others, and to develop close people-to-people exchanges, so as to benefit the two countries and the two peoples."

Improving the ability to cultivate talent is the core work of higher education and must be the focus, Xi said.

The revised draft also bans shareholders of entities from abusing other shareholders' limited liability to evade debts and thus damage the interests of the entity's creditors.