When asked about the investment by reporters, Lu Yi said that China has always attached importance to the economic, trade and financial ties it has with Turkey. The TSX rose just shy of 100 points for the day.
MSCI's index of world stocks .MIWD00000PUS rose 0.6 percent.
The greenback fell 0.53 percent against the Mexican peso MXN=, after Mexico's economy minister Ildefonso Guajardo said he hopes to conclude by the middle of next week outstanding bilateral issues with the United States surrounding the renegotiation of the North American Free Trade Agreement (NAFTA).
The dollar index.DXY, which measures the greenback against a basket of six other currencies, was down 0.56 percent at 96.107, on pace for its worst daily decline in almost a month.
On Friday, the Turkish lira TRY= snapped a three-day rebound, sliding more than 5 percent against the dollar on worries about the threat of more American economic sanctions unless Turkey hands over detained USA evangelical pastor Andrew Brunson. USA crude CLc1 rose 0.72 percent to $65.48 per barrel and Brent LCOc1 was last at $71.33, up 0.81 percent on the day.
The embattled currency, which has fallen by 40% this year amid a lack of interest rate hikes to control inflation, fell to around 5.86 to the dollar - continuing its recovery from a record low of 7.23 on Sunday.
Relations between Ankara and Washington have soured in recent weeks following Washington's imposition of sanctions on Turkish officials over the detention of American pastor Andrew Brunson, who is under house arrest in Turkey on terrorism charges.
Memories of past emerging market crises, such as the Asian financial crisis of 1997 and Turkey's 2001 crisis, came back to haunt investors this week and prompted a wave of selling across emerging market assets as a whole. That left emerging market stocks in a technical bear market, or down 20 percent from recent highs.
There was more gloom elsewhere, with European banks and copper also falling into bear market territory.
Elsewhere, the dollar dipped against a basket of six major currencies, moving further away from its highest levels since June 2017 hit earlier in the week as investors bought the US currency in a flight to safety.
Brent crude oil futures rose 0.4 per cent to $71.72 a barrel and U.S. West Texas Intermediate (WTI) crude futures were up 0.3 per cent at $65.66.
Benchmark 10-year U.S. Treasury notes last rose 1/32 in price to yield 2.8677 percent, from 2.871 percent late on Thursday. There were 11 new highs and 8 new lows, with total volume of 173.9 million shares.
The Shanghai Composite Index .SSEC closed down 0.6 percent, while Hong Kong's Hang Seng index .HSI ended 0.8 percent lower.