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"A lot of work needs to be done before the MOUs turned into agreements, such as feasibility studies and negotiations on the terms of cooperation. I am glad to see that many projects are progressing well and we can expect that new mega deals will come out from the MOUs in the near future, during or after the State Visit of President Xi Jinping," he said.

When the forum was first established in 2000, trade volume between China and Africa stood at 10 billion dollars.

ANTALYA, Turkey, Nov. 14 (Xinhua) -- Leaders of the Group of 20 (G20) are arriving on Saturday in the Turkish seaside resort of Antalya for their annual gathering amid foggy prospects of the global economy and calls for bolder actions to jump start the still slack recovery.

BEIJING, Nov. 24 (Xinhua) -- China on Tuesday welcomed the establishment of the ASEAN Community, vowing to firmly support ASEAN integration.

To realize the upgrade of relations, Xi said leaders at the meeting have been determined to push forward the all-round development of China-Africa relations by focusing on implementing 10 major cooperation plans covering the areas of industrialization, agricultural modernization, infrastructure, financial services, green development, trade and investment facilitation, poverty reduction, public health, people-to-people exchanges, and peace and security.