Portugal encourages Chinese enterprises to give full play to their advantages in production capacity and technology, and explore cooperation of the new energy industry, under the Belt and Road Initiative, Costa said.
The two countries signed a Memorandum of Understanding on enhancing third-party market cooperation.
Both countries also called for more diplomatic and cultural exchange, with the signing of documents to open direct flights from Beijing to Lisbon, and the establishment of each other's cultural centers in both countries.
On the political front, Li said the bilateral relations have undergone stable and healthy development in the past 37 years since the two forged diplomatic ties.
The two countries realized the smooth handover of Macao from Portugal to China in 1999 via negotiation, which set a good example for countries to deal with historical issues and opened a new chapter for China-Portugal ties, Li said.
Over the past 17 years since Macao's return, the principles of "one country, two systems," Macao people administering Macao, and a high degree of autonomy have been implemented, he said, adding that with the efforts of the Special Administrative Region (SAR) government and the entire community, Macao has scored remarkable achievements.
Costa agreed with Li on the smooth handover of Macao, saying he was glad to see that Macao had become a good platform for Portuguese-speaking countries to develop ties with China.
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