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As the major investor in the continent, China of course follows closely Africa's possible debt risks. And we also care about the safety of our investment. That is why we have been very serious with the feasibility study of each and every investment and financing project, making sure that the project is profitable, sustainable, and that the recipient is able to service debt. Giving out free loans without thinking about debt repayment and reasonable profits, any financial institutions in the world will go bankrupt. China is no exception.

As seen in PMI changes in 2017, the trend of an improving economy has become more obvious, said Chen Zhongtao, an analyst at China Logistics Information Center.

As the bilateral ties between the two countries enter a new chapter, Xi said that China is willing to establish a comprehensive partnership based on equality, mutual trust and win-win cooperation.

As talks to end the 10-month-old trade war between the world's two largest economies stalled, US President Donald Trump on May 10 announced he was raising existing tariffs on 0 billion in Chinese goods from 10 percent to 25 percent.

As the COVID-19 pandemic has hampered the global economy, the World Trade Organization expected this year's global trade to fall by between 13 percent and 32 percent.