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The President also wants to see better mechanisms and policies governing Chinese companies overseas.

The 25th Session of the China-U.S. Joint Commission on Commerce and Trade (JCCT) was slated for Dec. 16 to 18, spokesman Hong Lei told a routine press briefing.

He urged various departments of both countries, including legislatures and armed forces, to implement the consensus of both leaders, aid the construction of major cooperation projects, enhance trade cooperation and cultural exchanges.

To boost trade and economic cooperation, Li proposed setting up a new framework for joint investment and financing between China and CEE countries as a way to serve the real economy.

Farmers are encouraged to form new agricultural entities in an innovative way to achieve economies of scale.