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David Dollar, another China expert at the Brookings Institution, said many Asia-Pacific economies, such as Australia, Singapore, South Korea, and Vietnam want to be part of both Chinese initiatives (the AIIB and the "One Belt, One Road" ) and the American effort to reduce trade barriers. "These different efforts are in fact complementary."

China, he said in an address, will make available to developing countries in the next five years 100 poverty reduction programs, 100 agricultural cooperation projects, 100 trade promotion programs, 100 environment protection and climate change programs, 100 hospitals and clinics, as well as 100 schools and vocational training centers.

Internet finance should be encouraged to keep an orderly and regulated growth based on the real economy, Li said.

Two weeks after he took office, Xi defined the phrase the "Chinese Dream" as the great national renewal, and the influence this philosophy would have on governance.

According to an outcome list of Xi's visit, the two sides "agreed to continue the endeavor to build a new model of major-country relationship between China and the United States based on mutual respect and win-win cooperation."