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The two countries should enhance cooperation in trade and infrastructure, promote people-to-people exchanges and increase the interests of the two sides, they said.

The two countries, weathering the storm together, are comprehensive strategic partners of coordination, Xi said.

The two sides recalled that the JCPOA is a key element of the global non-proliferation architecture and a significant diplomatic achievement endorsed unanimously by the UN Security Council in its Resolution 2231, the statement said.

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The transaction volume of Chinese companies' overseas investment in the TMT sector also contracted by 30 percent last year. The wait-and-see attitude of these companies could be due to the rapid development of the domestic blockchain market, Hoogewerf said.

The two men met in the Oval Office on Thursday afternoon. During the session, Mattis told Trump of his plans to resign, the senior White House official said.

The two also plan to establish a joint laboratory to explore innovation opportunities across their automotive and mobility businesses in China and for the internet of vehicles and develop AI technology, cloud computing and big data.

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The train maker said in a statement that the new facility, located in Moncton in New Brunswick, will create more than 200 jobs in the first phase and generate more than million in tax revenue for the local government annually. The plant is capable of manufacturing heavy load, special railway vehicles and railway vehicle brakes.

The two JVs, HSBC Qianhai Securities Ltd and East Asia Qianhai Securities Ltd, were approved under the framework of the Mainland and Hong Kong Closer Economic Partnership Arrangement, Deng Ge, spokesperson for the China Securities Regulatory Commission, told a press conference Friday.

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The two presidents also witnessed the signing of a number of documents to boost cooperation in such areas as investment, energy, finance and agriculture and approved the 2017-20 implementation outline for the Treaty of Good-Neighborliness and Friendly Cooperation Between China and Russia.

The two leaders will also discuss ways to strengthen the bilateral alliance and the friendship between the two peoples, the White House said.