"China welcomes Ecuador to actively explore the Chinese market and share opportunities brought by China's development," Xi said.

China's financing cooperation with Ecuador is conducted on the basis of equality, mutual benefit and business principles, without attaching any political condition, said Xi.

Noting that the Chinese government requires Chinese enterprises in Ecuador to abide by local laws and regulations and run business fairly in the market, Xi expects the Ecuador side to create a good investment environment and protect their legitimate rights and interests.

He called for closer people-to-people and technology exchanges, urging both sides to carry out law enforcement cooperation to guarantee normal exchanges of personnel, economy and trade.

Xi also said China will continue to support Ecuador's post-earthquake reconstruction and its disaster prevention work.

China and Ecuador have same or similar positions on major international and regional issues, said Xi, calling on the two sides to collaborate closely to safeguard multilateralism, promote reform of the global governance system and defend the legitimate rights and interests of developing countries.

Moreno expressed gratitude for China's assistance on Ecuador's economic and social development, especially for the help offered after Ecuador was hit by an earthquake in 2016.

Moreno said Ecuador is ready to actively take part in the Belt and Road Initiative and expand bilateral cooperation in various fields.

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