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China will continue to adhere to the basic national policy of opening up, said Wang, adding that China will promote the construction of the Belt and Road Initiative, firmly support the multilateral trading system, and oppose unilateralism and trade protectionism.

On climate change, Xi said it is a major challenge to the future and destiny of mankind, which requires G20's joint efforts.

After the meeting, the two leaders met reporters. Xi said that his visit has been fruitful and a complete success, injecting fresh, strong impetus into the China-Portugal comprehensive strategic partnership.

The world also places more expectation on China to play a bigger role in global affairs, and building of a community with a shared future for humanity offers the RCSC a broader field to play a role in, and places higher demands on its capacity and vigor, according to the official.

Indeed, trade liberalization is important for both countries under the BRI. Ning Jizhe, deputy head of China's National Development and Reform Commission, said at the first Singapore-China BRI Investment Forum in October that free trade had become a distinctive feature of China-Singapore cooperation.