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The two sides pledged to jointly uphold multilateralism and free trade rules, and firmly support the rule-based and multilateral trading system with the World Trade Organization (WTO) as the core, said the press release.

The China-initiated Asian Infrastructure Investment Bank (AIIB) celebrated its third anniversary in December. Over the past three years, the investment bank has approved financing worth 7 billion U.S. dollars for development projects in Asia and Africa, with the aim to promote sustainable economic development through investment in infrastructure.

BEIJING, Dec. 20 (Xinhua) -- A Chinese foreign ministry spokesperson said Thursday that China and Germany have the responsibility to jointly safeguard free trade and multilateralism and avoid sending a negative signal that could affect investment environment and market confidence.

"China's reforms will never stop, and its door will only open even wider," Wang said, vowing that China will always be a contributor to world peace, facilitator of global development and proponent of international order.

He said Venezuela is willing to maintain high-level exchanges with China, share experience in the governance of the country and promote pragmatic cooperation in various fields such as agriculture to jointly build a better future of bilateral relationship.