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As cross-border trade grows, fin-tech companies from both countries have carried out in-depth cooperation, such as that between Brazilian financial payment company Ebanx and AliExpress, in providing consumers with cross-border payment solutions.

Hu said the poverty alleviation campaign has entered a crucial stage and the country will continue its efforts unswervingly to ensure all rural population living in poverty-hit areas will be lifted out of poverty.

She said that compared with 10 years ago, China has made significant progress in the emerging fields such as high-speed railways and mobile payments, which directly improved people's lives. China is not only developing itself, but also helping other developing countries, she said.

It is necessary to strive to build a systematic, scientific, standardized and effective system for political and legal work, Guo said, noting that efforts should be made to ensure reform tasks are coordinated with each other and effectively implemented.

The MPAC 2025 focuses on five strategic areas, namely sustainable infrastructure, digital innovation, seamless logistics, regulatory excellence and people mobility, while the five major cooperation priorities of the BRI are policy coordination, connectivity of infrastructure, unimpeded trade, financial integration and closer people-to-people ties.