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Tourism officials from Indonesia, Morocco and Chad, as well as some 120 traders from China and 15 countries along the Belt and Road including Singapore, the Republic of Korea and Egypt, will participate.

Pascal Boniface, founder and director of the French Institute for International and Strategic Affairs, said the Friendship Medal illustrates China's determination to maintain world peace and promote common development. Former French Prime Minister Jean-Pierre Raffarin received a Friendship Medal, which Boniface said Raffarin deserved for his strident efforts to strengthen China-France relations.

During his visit to the Shanghai Electric Group, a leading equipment manufacturer, Li encouraged the company to be more competitive in the international market and further contribute to boosting the country's capabilities in making key equipment.

Li also met with Valentina Matviyenko, speaker of the Russian Federation Council, or the upper house of parliament, and Vyacheslav Volodin, speaker of the Russian State Duma, or the lower house of parliament.

Guo Chunli, deputy director of the Institute of Economic Research affiliated with the Chinese Academy of Macroeconomic Research, said China boasts strong growth momentum with upgrades to its economic structure, which will counteract the effects of the trade frictions.