Like Fastenal, other company executives on quarterly earnings calls also will discuss how they expect the trade standoff with China to affect business.
Li suggested both sides increase interaction, exchange experience on governing and provide legal assurance for bilateral cooperation.
Li's father, the late Chinese translator and announcer Li Junfu, was sent by Ren Bishi, a Communist Party of China military and political leader, to work in the editorial office of the radio broadcasting committee in Moscow from 1940 to 1945, most of which time the Soviet Union was fighting against German invaders.
Li said the two sides should promote cultural exchanges and successfully run the China-Canada "Year of Tourism" next year.
Li said that Venezuela and China "are sincere friends of mutual trust and good cooperation partners of shared gain."
Li's wartime tale was one of the great untold stories that reflect the gigantic struggle those Chinese elites waged during some of the darkest moments the country has ever faced.
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Li reiterated that China will open its door even wider and welcomes Singapore and other ASEAN countries to expand their investments in the world's second-largest economy.
Lian Ping, chief economist at Zhixin Investment, said the government needs to intensify policy support to prevent the economy from suffering a second wave of blows from the global economic downturn and possible collapse of external demand.
Li said he hopes that the development of China-Mongolia ties will benefit both countries and regional peace, stability, and prosperity.
Li said India therefore has become more protective for its own factory business while competing with China in third-party markets. It has also adopted trade-remedy measures against countries including the United States, Ukraine, Iran and Kenya on a number of agricultural and manufacturing products.