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By strengthening its ties with countries alongside the silk routes, South Korea can expand its overseas markets and boost its domestic market, said Yao Shumei, a researcher with the academic committee of China's National Development and Reform Commission.

Xi's visit is a clear demonstration that the leaders of both countries attach paramount importance to bilateral ties, he said, noting that peace, stability and development are the genuine expectations of both peoples.

China-South Africa relations have developed across the board since they established diplomatic ties 17 years ago. The two countries, Xi said, should be development partners pursuing equality, mutual benefit and win-win cooperation.

Chiu Yi, a board member of Taiwan Institute of Economic Research, said that opinion polls done by various agencies have produced similar results.

Over the past three decades some 700 million rural residents across China shook off poverty. China was the first developing country to meet the Millennium Development Goals target of reducing the population living in poverty by half ahead of the 2015 deadline.