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Beijing abstained in a recent UNSC vote on the situation, but supports efforts to de-escalate.
The two sides released a mid- to long-term blueprint for the development of bilateral ties.
The two sides are expected to sign agreements on nuclear energy, aviation, urbanization, agriculture and finance.
London has been pursuing Chinese investors as part of an UK Treasury campaign to bankroll nearly $80 billion in projects.
China and South Korea also discussed the planned war memorials to honor Chinese and Korean soldiers.
Global hunt began its fourth day on Sunday covering an expansive area in the southern Indian Ocean.
Ahead of the trip China closed an anti-subsidy probe into wine imports from the EU.
The sighting of possible debris in the southern Indian Ocean has raised hopes of a discovery.
China has earlier said it will seek the help of Colombo in creating the "21st-century Maritime Silk Road".
The two sides have set a trade target of 30 billion NZ dollars by 2020.
