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On the political and strategic level, the two countries have established Asia-Pacific consultation mechanism. In military ties, which are considered to be the most vulnerable part in bilateral relationship, the two sides also have conducted several joint military drills including the first China-U.S. disaster relief exercise in Hawaii in November 2013.

Meanwhile, the forum attendees pointed out that a critical issue is how to raise the implementation capacity of developing countries, and in particular, the least developed countries.

The French side spoke highly of the current bilateral relationship between France and China, and reaffirmed its willingness to work with China to further develop high-level communication and exchanges, deepen pragmatic cooperation in various fields, promote the friendship between the two peoples and enhance exchanges between the two legislatures.

The AIIB prospective founding members are working on the specific operation guidelines in accordance with the agreement. The relationship between the AIIB and existing multilateral development banks is a cooperative and complementary one. The AIIB will engage in cooperation with them in terms of sharing expertise, capacity building and joint financing.

"We expect China to invest over 100 billion pounds (some 153 billion U.S. dollars) into Britain's infrastructure over the next decade," said Richard Laudy, head of Global Infrastructure Sector in Pinsent Masons, adding that this level of investment from China could not only help bring Britain's ageing and over utilized infrastructure up to an international standard, but could also be transformative for the British infrastructure sector.