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Besides bustling business exchanges, the expo will feature a forum on global economy and trade with a star-studded line-up to provide thoughts on shared prosperity.

Referring to Friday's trilateral meeting among China, France and the UN on climate change, Xi said the event has sent a positive signal, adding that China hopes to enhance cooperation with France within the G20.

Xi's visit made it clear that peace, development and win-win cooperation are the irresistable trend of history and also the common hope of all peoples in the world, Wang said.

Friendly exchanges between legislative bodies of both sides form an important part of the China-Philippines relations, which now stand at a new historic starting point and thus possess broad development prospect, Xi said.

At present, China's economy remains generally stable and is making good progress, Xi said, citing data including the GDP growth of 6.7 percent in the first three quarters of 2018.