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The travel also aimed to "advance further progress on the commitments the President and Chairman Kim made in Singapore: complete denuclearization, transforming US-DPRK relations, and building a lasting peace on the Korean Peninsula," read the statement.

The two sides will own a 50-percent stake respectively in the JV and send staff to set up the new company, which is expected to focus on the research and development of BEVs, auto parts and production platforms.

The two sides have agreed in principle to sign a currency swap deal at an early date, and this will help safeguard financial market stability and promote investment facilitation, Li said.

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The two companies have also rolled out a digital gift-giving service on WeChat, allowing WeChat users to send and receive Starbucks digital gifts and then cash them in at offline outlets.

The two merchant ships carrying Chinese goods were also known as the Manila Galleons because they set sail from Manila, the current capital of the Philippines, and their arrival mirrored the very early days of the brisk trans-Pacific trade between Asia and Latin America.

The two oil and gas giants vowed to further explore potential opportunities in offshore oil and gas field assets in Abu Dhabi.

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The transaction, still pending for shareholders' approval at the general meeting, is expected to be finished around October this year. CK Hutchison controlled by Li, with a 66.09 percent stake in HTHKH agreed to vote in favor of the deal, according to a regulatory filing to the Hong Kong Stock Exchange.

The two labs, one located in Belgrade, the Serbian capital, and the other in the southern city of Nis, will be capable of testing a combined 3,000 samples per day once they begin to operate, significantly boosting the country's testing capabilities.

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The two sides have extended help to each other during the fight against the COVID-19 pandemic, which has further elevated the bilateral friendship, he said.

The ultimate goal is to let every person have access to the benefits of gene technology in the routine diagnosis and treatment, Wang said.