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In an interview with Xinhua after the signing ceremony, Plenkovic reiterated that the bidding had gone through a transparent process in accordance with public procurement procedures of Croatia and European Union (EU) standards.

The DPRK will work together with China to jointly promote the bilateral ties and friendship to a new and higher level, he added.

But consensus has soon proved to be short-lived after the U.S. side demonstrated flip-flops with an obvious intention to escalate the trade spat.

While attending the conference, Vice Premier Liu He, also a member of the Political Bureau of the Communist Party of China Central Committee, said that "serving the real economy should be taken as the ultimate object in doing financial work, and maintaining a prudent and neutral monetary policy should be combined with rigid regulatory policy to promote high-quality development."

Xi called on the two sides to enhance political mutual trust, uphold the principle of mutual respect and treating each other as equals, support each other and take care of each other on issues concerning sovereignty, territorial integrity and national dignity, so as to constantly cement the political foundation of bilateral relations.