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As a result, foreign investment now have easier access to China's highway passenger transport, processing of certain rare metals, as well as manufacturing of rail transit equipment, and cooking oil, among others.

As an important regional organization, ASEAN has become a major force in promoting regional integration and maintaining regional peace and stability, Wang said.

As a leading agriculture organization, the association has been a key player in China's contemporary science and technology development in agriculture, Xi said. He hailed the group as an important force in promoting the country's agricultural development after the founding of the People's Republic of China in 1949－especially since the reform and opening-up drive initiated about 40 years ago.

As a result, China and those nations should further strengthen mutual political trust and support each other in safeguarding their sovereignty, security and development interests, as well as supporting each other in exploring development paths that suit their own conditions, Wang said.

As for the Second Construction Co Ltd of China Construction First Group, its construction value in 2018 soared to 28 billion yuan from 20.5 billion yuan in 2016, with revenue increasing to 10.52 billion yuan from 7.72 billion yuan, while profits more than doubled over the period, from 145 million yuan to 362 million yuan.