He called on the two sides to firmly grasp the correct direction of bilateral relations, constantly consolidate traditional friendship and political mutual trust, and strengthen communication, coordination and mutual support in the United Nations and on international affairs.
Both sides should adhere to openness and cooperation and pursue more win-win results, Xi said, adding that China welcomes Monaco to actively participate in the joint development of the Belt and Road.
Calling on the two sides to elevate cooperation on environmental protection, Xi said the Prince Albert II of Monaco Foundation is welcome to conduct public-service activities in China aimed at environmental protection, so as to continuously enrich cultural and people-to-people exchanges.
Describing Xi's visit as a "historic" one, Prince Albert II said Monaco is willing to expand cooperation with China in such fields as science and technology, innovation, ecological and environmental protection, wildlife conservation, and renewable energy.
The prince said Monaco highly appreciates China's role in international affairs such as climate change and stands ready to support China in hosting the 15th meeting of the Conference of the Parties to the Convention on Biological Diversity next year. He also wished the 2022 Beijing Winter Olympics success.
Before the talks, Prince Albert II held a grand welcome ceremony for Xi.
Monaco is the second leg of Xi's three-nation Europe visit. He has concluded a state visit to Italy and will pay a state visit to France.