The two sides should follow the consensus reached by the two heads of state, properly manage and control differences on the basis of equality and mutual respect, and push forward the bilateral relations to achieve win-win results through cooperation, Li said.
The typhoon is forecast to move northwestward at a speed of up to 20 kph before landing at the central coast of Vietnam.
The typhoon also halted ferry services between Xiamen and Kinmen in Taiwan, and between Pingtan and Taiwan's Taichung. A total of 124 flights have been canceled at Xiamen airport.
The typhoon is forecast to move westward at a speed of around 20 km per hour, passing through the Zhongsha and Xisha islands before landing at the central and northern coast of Vietnam.
The two sides agreed to make concerted efforts to expand mutually beneficial cooperation and manage and control their differences based on the principle of mutual respect.
The two countries have reduced taxes on goods traded with each other since the bilateral free trade agreement went into effect nearly three years ago, Wang said, adding that a final tax reduction will be implemented on Jan 1, after which almost all goods will be tariff-free.
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The typhoon will head toward the northwest at about 35 km/h and gradually increase in force, the center said. It will make landfall between the cities of Ruian and Xiangshan in Zhejiang on Sunday night.
The trend of innovation and entrepreneurship in China has sparked strong interest from foreign businesses and academia.
The unaudited net profits for the parent company grew 68.5 percent year-on-year to 637 million yuan (.7 million) in June, according to a statement the company filed with the Shanghai Stock Exchange.
The two sides agreed to speak on phone again within two weeks, Gao added.