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China will provide funds to support the feasibility study and plans of the projects of transportation connectivity, he said.

"Our sympathy goes to the DPRK that is suffering from extremely serious drought, and it is our hope that the government and people of DPRK will overcome the disaster as soon as possible," Foreign Ministry spokesman Lu Kang said at a daily press briefing.

When meeting with his Russian counterpart, Sergei Lavrov, Wang expressed China's support for Russia's hosting of the two summits in Ufa, capital of Russia's Bashkortostan Republic.

The National Development Bank of China, a state-owned bank for financing overseas investment by Chinese companies, has signed cooperation agreement with three major banks of Russia in May to finance large-scale cooperation projects and the development of the Far East region.

Li called on the two countries to build a model of production capacity cooperation between China and Africa.