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The two presidents agreed that China and the ROK are close neighbors geographically and natural cooperative partners.
The two countries are expected to sign an MOU on cooperation with third markets under the Belt and Road Initiative during the visit.
The two countries should seize the opportunity of the anniversary, uphold the spirit of learning from history and looking to the future, and abide by the two countries' four political documents and four types of principle consensuses, Lu told reporters.
The two heads of state also exchanged views on global and regional hot spot issues of mutual concern.
The two companies, which announced a merger plan in November, were both major players in China's trucking market, which is estimated to be worth 5 trillion yuan (6 billion). They allow shippers to post load information on mobile applications and connect them with truck drivers, so as to reduce a truck's empty miles and waiting time between loads.
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The two heads of state also exchanged views on the situation in Afghanistan and on the Korean Peninsula, as well as on other international and regional issues.
The two Chinese interests, ENN Group and Hony Capital hold a combined 15.1-percent stake in Santos, and the new arrangement will see "mutual cooperation and assistance" from both sides to spur the growth-based strategy in Australia and Papua New Guinea currently being adopted by the gas giant.
The two sides have also made big strides on policy, infrastructure and people-to-people exchanges, proving that the Belt and Road was in the common interests of all parties and in line with regional and global collaboration trends, Zhang said.
The travel time between some cities will also be shortened. For instance, it will take 1 hour and 42 minutes less for passengers to travel from Kunming to Guangzhou, and nearly 25 minutes less from Hami to Urumqi.