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Li said both sides should optimize trade structure and work to achieve a more balanced trade through opening up to each other.

PARIS, July 31 (Xinhua) -- France-based European planemaker Airbus on Monday said it would set up an innovation and research center in China in order to "support (its) future products and services".

Meanwhile, it plans to issue bonds in local currencies in other member countries. "India will likely be one of the first, and our dialogue with bankers in Russia and other member countries indicate that there is good scope to raise local currency bonds in these countries," said Kamath.

As Xi said during his Lyuliang tour, the CPC must put people first and use socialism to concentrate resources and accomplish major tasks, including fighting poverty.

"This is my sixth tour to Russia since assuming office," Xi said, adding that he looks forward to in-depth exchange of views with his Russian counterpart, Vladimir Putin, on bilateral cooperation and major international and regional issues of common concern.