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China has been one of ASEAN's most important trade and investment partners and vice versa, thanks to geographic proximity and strategic partnership between the two sides. Multilateral and bilateral free trade agreements have significantly boosted China-ASEAN trade and investment relations, Cambodian Ministry of Commerce Undersecretary of State Seang Thay told Xinhua.

China has been increasing financial support for the healthcare sector to guarantee all citizens affordable and proper medical services, according to senior finance and health officials.

China follows the principle of achieving shared growth through discussion and collaboration in engaging in global governance. China stands for democracy in international relations and the equality of all countries, big or small, strong or weak, rich or poor. China supports the United Nations in playing an active role in international affairs, and supports the efforts of other developing countries to increase their representation and strengthen their voice in international affairs. China will continue to play its part as a major and responsible country, take an active part in reforming and developing the global governance system, and keep contributing Chinese wisdom and strength to global governance.

China encourages domestic enterprises to expand investment in South Asia, build industrial parks there and push forward cooperation in major projects, Hu said, adding it will boost interconnectivity with South Asia through infrastructure projects.

China has been promoting the development of intelligent and connected vehicles through favorable policies, and testing zones have been set up in a growing list of cities including Beijing, Shanghai, Hangzhou and Chongqing.