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"China and the Philippines have more possibilities in the field of educational cooperation as they can complement each other. Holding such a forum is of great significance in promoting friendship between China and the Philippines, and bringing more benefits to the people of both countries as well," said Wang Yan, director from the Department of International Cooperation of the National Institute of Education Sciences.

"But we are fortunate (to live) during this time of AI technology," he added. "We are fortunate China is moving to the center stage."

"China echoed the communique adopted by the Non-Aligned Movement, which supports the WHO and Director-General Tedros in performing their duties and opposes the politicization of COVID-19. China firmly opposes any attempt to weaken the WHO, whose role is indispensable at this crucial stage," he said.

"China hopes the two sides can follow the agreement, implement relevant content, enhance market confidence, improve the bilateral economic and trade relations and promote global economic growth," the commission said.

"China is the world's largest importer of commodities and hence we will see more commodity deals being undertaken in yuan, especially iron ore," said Chen Derong, chairman of China Baowu Group.