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Despite the shrinking global trade market, China's share is growing larger, which indicates the sector's rising competitiveness and increasing capacity to counter pressure, head of the GAC Ni Yuefeng told Xinhua.

Djibouti's Foreign Minister Ali Youssouf dismissed the hype of his country's debt to China, saying it "is so far manageable" and "let me first underline the fact that no country can develop itself without having a strong infrastructure. And China is, from that perspective, a very good partner."

Discipline and supervision should be stepped up to tackle demanding issues such as irregular use of funds. Officials involved at various levels should be trained to master the ways to eradicate poverty and improve their capabilities in handling challenges during the poverty fight, Xi said.

Didi, however, could face competition from Yandex Taxi, which holds about 27 percent of the local ridehailing market.

Domestic companies now account for nearly half of Oliver Wyman's customer portfolio in China