Zhang said the economic and trade cooperation, infrastructure construction and production capacity are priorities for the next stage of bilateral cooperation.
China is willing to work closely with the Philippines to implement the consensus, plans and major projects reached between the leaders, Zhang said.
The forum, jointly held by the China Council for the Promotion of International Trade and the Department of Trade and Industry of the Philippines, was attended by some 700 businessmen from both countries.
During his meeting with Duterte, Li mentioned that the South China Sea issue should not define the Sino-Philippine relationship.
The common interests of the two countries far outweigh their differences, he added.
Li expressed China's willingness to develop relations with the Philippines to put ties back on a healthy track.
China has always stood for resolving bilateral issues through dialogue and consultation of those directly concerned, said Li.
Li hoped that the two sides would jointly promote good-neighborly friendship and remain committed to managing their differences through dialogue and consultation, which serves the common interests of the two sides and also contributes to regional peace, stability, development and prosperity.
Next year marks the 50th anniversary of the founding of ASEAN and it is also the China-ASEAN year of tourism cooperation, with the Philippines holding the ASEAN's rotating presidency.
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