Both sides believe that promoting comprehensive, pragmatic cooperation is a key component in developing bilateral relations, and are ready to strengthen scientific planning, make concerted effort and work step by step, and complement each other's advantages in advancing cooperation so as to improve people's livelihood.

The two sides agree to continue to tap development potential, expand trade scale and promote the stable and balanced development of two-way trade.

According to the declaration, the two countries vow to continue promoting and deepening cooperation in such fields as finance, investment, energy, mining, agriculture, infrastructure construction, telecommunication, manufacturing and hi-tech, and encourage technology transfer and knowledge sharing.

On social and cultural fronts, China and Venezuela are committed to increasing exchanges in education, culture, tourism and health areas to enhance mutual understanding and consolidate the foundation of the friendship between the two peoples.

The two sides will also take effective measures to promote and facilitate exchanges of personnel to create better conditions for the expansion of China-Venezuela cooperation in various areas.

Holding same or similar views and positions on many international issues, the two countries, in the declaration, also express willingness to strengthen cooperation within multilateral frameworks, and maintain close strategic coordination and cooperation on major international and regional issues to jointly safeguard the rights of developing nations.

In the declaration, China speaks highly of Venezuela's role in supporting the cooperation between China and Latin American countries and its positive stance on the formation of a forum between China and the Community of Latin American and Caribbean States.

China would like to join hands with Latin American nations, including Venezuela, to further promote the China-Latin America comprehensive and cooperative partnership featuring equality, mutual benefit and common development, according to the declaration.

During Xi's visit, the two sides signed a total of 16 agreements covering such areas as energy and mining, finance, infrastructure construction, agriculture and hi-tech.