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Our two countries' development would not be possible without that of the Eurasian continent and our growth will contribute to that of the continent as a whole. While attending the Belt and Road Forum for International Cooperation (BRF) this May in Beijing, President Putin stated that Russia supports and is willing to contribute to the Belt and Road Initiative. Our two countries are working actively to build synergy between the Belt and Road Initiative and the Eurasian Economic Union, as part of which the two sides are discussing an agreement on economic cooperation and a list of joint projects between China and the Eurasian Economic Union. This will help open up broader prospects for bilateral economic cooperation, facilitate trade and investment, create more opportunities for business cooperation, and effectively connect our industries, technologies, capital and markets, so that countries on the Eurasian continent will share in the benefit of economic globalization and regional integration.

A traditional shipping center, Xiamen has been a window for the Chinese economy. As one of the first special economic zones in China, it has been a pilot city for many market-oriented economic reform experiments, a hub for attracting foreign industries, and a symbol of the nation's ambitions to reform and open up to the world.

On economic front, the two sides agreed to boost trade and investment, push for the implementation of large projects, and build a strategic partnership in energy.

"With the increasingly interwoven interests between China and the United States, a trade war will lead nowhere and neither side will win," Foreign Ministry spokesperson Hua Chunying said at a regular news briefing.

The decision was made at a State Council executive meeting chaired by Premier Li Keqiang on Wednesday.