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"The SCO has become a popular and attractive organization in the region. Many countries around the world have expressed willingness to join it," he said.

We will transform and upgrade the economy through opening-up. Opening-up, being one kind of reform itself, will in turn spur reform efforts. No matter how developed China will become, it will always need mutual-learning with the rest of the world, and it will open still wider to the outside. We will enhance our open economy, open wider the service sector and general manufacturing sector, provide more investment opportunities to foreign businesses and foster a fairer, more transparent and predictable investment environment. All companies registered in China, Chinese-funded, foreign-funded, joint ventures or independently-owned, will be treated as equals. Their legitimate rights and interests will be protected, and they will have access to better public services. Facing the current complexities and fluctuations in the international financial markets, China will adhere to a managed, floating exchange rate regime based on market supply and demand with reference to a basket of currencies. The fundamentals of the Chinese economy determine that there is no basis for persistent depreciation of the RMB. We have the capacity to keep the RMB basically stable at an adaptive and equilibrium level. China is committed to peaceful development and a win-win strategy of opening-up. We stand ready to work with all other countries to promote inclusive and balanced growth as well as green and sustainable development.

Liu added the two sides should also expand personnel and technical exchanges and cooperation, step up efforts to train nursing care personnel for the elderly, deepen cooperation in geratology between medical universities, and contribute to the technological development of geratology.

China welcomes more investment from Germany and other countries, Li added.

The Nepalese side has expressed belief that the meeting was helpful to further strengthen the military ties between China and Nepal, the Nepalese Army said in a statement.