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Wang Huning, member of the Standing Committee of the Political Bureau of the CPC Central Committee, also attended the event.

As Chinese parents attach more importance to the reading and education of their children, and the country has ended its decades-long one-child policy, the children's book market in China has great potential with growing demand.

The Chinese government puts developing the real economy high on its agenda. President Xi Jinping underlined the importance of improving the fiscal spending structure by prioritizing funding in key areas and projects. In this year's Government Work Report, Premier Li Keqiang stressed the need to focus on the real economy and leverage the proactive fiscal policy to tackle the financing difficulties facing small and micro businesses.

"Xi's thoughts on Jinjiang's development are never outdated," said Gao Ming, a Fuzhou University professor. "The spirit of reform and opening-up within Jinjiang's development in the past four decades can also guide China's development in the new era."

The two sides have reached important understandings about how to improve military exchanges at all levels, enhance mutual trust, advance concrete cooperation and manage risks, he said.