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Farmers in Luotuowan no longer cultivate the traditional crops of potato and corn, once their major income source. Instead, they grow apple trees and mushrooms, with investment from two companies. This brings more income in the form of rents, salaries and bonuses from the two firms.

The ambassador also said that mutual investment has also grown. Major projects in energy and mining have been pushed forward steadily while pragmatic cooperation has been extended to fields such as infrastructure and manufacturing. Chinese mobile phones, cars, construction machinery are popular in Peru, and Peru's avocados, grapes, and alpaca products are attracting a growing number of Chinese consumers.

The three-day drill involves 134 military personnel from China and 89 from the United States, employing helicopters, pontoon bridges and engineering and medical aid equipment.

The Riga summit was held within the context of a sluggish world economic recovery, weak trade growth and new and complicated evolution of global and regional hotspot issues.

The CPC, which turned 95 this year, has been the sole ruling party of New China since its founding in 1949.