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China is now the second-largest market for L'Oreal. With 25 brands, it has been one of the largest players in the country's beauty products market.

China is Ireland's biggest trading partner in Asia. In March, Ireland became a member of the China-led Asian Infrastructure Investment Bank. Last December, China's central bank granted Ireland a 50 billion yuan (.25 billion) quota under the Renminbi Qualified Foreign Institutional Investor scheme, which allows for investment into China's onshore bond and stock markets.

China is expected to fill the large talent shortage in its domestic computer chip industry, as the US ban on sales of electronic products to smartphone maker ZTE underscores China's overreliance on imported chips, experts say.

China is pleased to see stability and peace in East Africa and would like to strengthen exchanges and coordination with Ethiopia in international and regional affairs to better safeguard the interests of both countries and other developing nations, Li said.

China has realized ultrahigh voltage transmission of more than 3,000 kilometers, which is a historic initiative that promotes sustainability through connectivity and integration, he said.