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Wu said: "I think this year's global smartphone market may be flat like it was last year. In 2019, about 340 million to 360 million smartphones were shipped."

Xi said China appreciates Austria’s open attitude to Chinese investment and will continue to boost its market opening and welcome more Austrian enterprises to invest in China.

Xi stressed that China attaches great importance to its relations with the US and said Beijing expects to promote the long-term, healthy and stable development of bilateral relations on the basis of mutual respect and benefit.

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Wuhan Asia-Europe Logistics Co Ltd has rolled out an initiative to expand its presence.

Xi pointed out that China and Croatia have worked together well under the framework of China-Central and Eastern European Countries cooperation.

Xi also called for more efforts to enable enterprises to play a bigger role and achieve greater development.

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Xi said Uzbekistan was among the first countries to support and participate in the building of the Belt and Road Initiative.

Xi reiterated China's long-standing and unswerving resolve to achieving the denuclearization of the peninsula; maintaining its peace and stability; and solving the issue through dialogue and negotiations. Both leaders expressed their commitment to strengthening coordination on the issue.

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Xi made the remarks when meeting with Russian Foreign Minister Sergei Lavrov at the Great Hall of the People in Beijing.

Xi said that Hamburg in history was one of the earliest European cities that started cooperation with China, and it is today an important bridgehead in China-Germany and China-Europe cooperation, which gathers most Chinese-funded businesses in Germany and even in Europe at large.