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He said that technology has destroyed many jobs but at the same time brought a lot of opportunities.

He said China will contribute more Chinese wisdom, Chinese solutions and Chinese strength to the world and push for building an open, inclusive, clean and beautiful world that enjoys lasting peace, universal security and common prosperity.

He said Shanghai's foreign trade is set to grow 20 percent in the first quarter of this year to around 750 billion yuan.

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He said students "have grown to love Filipino teachers because they are not only fun and engaging, but they also take the time to listen and empathize".

He said that despite a slight drop-off in investment between 2015 and 2016 there was still plenty of room for investment growth in the sector.

He said it was up to Latin American countries to direct Chinese investments to where they are needed, citing infrastructure as a key example. "The great news is that it depends on us."

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He said regulators are able to give more diverse incentives for banks to solve financing difficulties of SMEs. For instance, banks issuing greater amount of credit to SMEs are allowed to hold less reserves compared to the current levels set by the central bank, and banks failing to issue a certain amount of money to SMEs will not be allowed to loan money to other types of enterprises, such as State-owned enterprises, according to Zhang.

He said China presents a significant market for aged care and seniors care companies if they can develop a scalable and profitable business model.

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He reiterated a call for more global solidarity. "(I would) like to use this opportunity to call on (the) unity, and solidarity of the whole world," he said.

He said China stands ready to strengthen strategic cooperation with the EU in upholding multilateralism, tackling global challenges and providing certainty to an uncertain world, and taking the relationship to new levels. Xi also expressed similar views in a phone call with French President Emmanuel Macron on June 5.