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He said that more than 4,000 Chinese enterprises had operations in the UAE, with bilateral trade reaching billion in 2016.

He said it is his fourth visit to Africa since he assumed office as Chinese president in 2013, and that Senegal is the first stop of his ongoing African tour and his first visit to a West African country as Chinese president.

He said China has the conditions, capability and confidence to meet the target of around 6.5 percent economic growth. At the end of August, the country was 90 percent on its way to its goal of creating 11 million new jobs in urban areas this year.

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He said Sino-US economic and trade ties are deeply intertwined. In addition to US investment to China, there is great potential for Chinese companies to invest in the US, especially in the manufacturing sector.

He said 20 percent of BJEV's sales revenue is spent on research and development.

He said some US-bound production is being moved from the Chinese mainland to Vietnam, Taiwan, India and Indonesia, but invariably all these locations then import components and materials from the mainland.

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He said he hoped that the KCCC could be an official platform for Kenyan companies to deal with Chinese companies, and that the organization would play a constructive role in solving disputes between companies of both countries.

He said monetary policy should be managed carefully to prevent and resolve major risks — one of the three crucial government tasks in 2020 that the CPC Political Bureau meeting highlighted on Friday. The other two highlighted tasks are reducing poverty and fighting pollution.

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He said such price cuts may prompt competition between international volume brands and Chinese carmakers, whose products have been cheaper, but that is "definitely a positive thing" for the Chinese automotive industry in the long run.

He said China's experience showed survival and development are the most principal human rights. Poverty relief is a noble and practical job that should be carried out in line with each nation's situations, and entails involvement of the entire society and global cooperation.