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China's vast market has generated huge profits for EU companies, and Chinese investment in Europe has created a large number of jobs and increased tax revenues, said Zhang Ming, Chinese ambassador to the EU. "China and the EU are already highly interdependent."

China-Africa cooperation is "strongly based on sincere friendship" and "mutual respect", said Denis Sassou Nguesso, president of the Republic of the Congo. "We think we are on the right path, not only Congo but all Africa."

China, he noted, is now a "major player" in the international arena and its policies define trade relations around the world.

Chinese Foreign Ministry spokeswoman Hua Chunying said on Thursday direct contact and dialogue between the leaders of Pyongyang and Washington is the key to resolving the nuclear issue on the Korean Peninsula. She added that the current situation on the peninsula breaks the deadlock that has lasted for several years, and it faces a historic opportunity for denuclearization.

China's top envoy to Canada made the comments in a webinar hosted last week by the Canada China Business Council, or CCBC, in which he highlighted the business opportunities for foreign investors as China moves from its 13th Five-Year Plan (2016-20) to 14th Five-Year Plan (2021-25).