BEIJING, Aug. 22 (Xinhua) -- Chinese State Councilor and Foreign Minister Wang Yi met with a Philippine government delegation led by Finance Secretary Carlos Dominguez in Beijing on Wednesday.

Wang said relations between China and the Philippines have entered a fast track and shown good momentum of improvement and development under the guidance of the two countries' leaders, which is in the fundamental and long-term interests of the two people.

"China is willing to strengthen high-level exchanges with the Philippines to promote pragmatic cooperation to a new level," Wang said, also expressing hope for the Philippines' active involvement in the Belt and Road Initiative.

Speaking highly of the Belt and Road Initiative, Dominguez said the Philippines would continue to take part in it actively. He also said the Philippines highly appreciates and will attend the first China International Import Expo to be held in Shanghai from Nov. 5 to 10.