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The Belt and Road initiative, namely the Silk Road Economic Belt and the 21st Century Maritime Silk Road, was unveiled by the Chinese president in 2013 with the aim of reviving the ancient trade routes.

At present, the two parties and the two countries are facing new opportunities and challenges in reform, renovation and opening up. "More than ever before, the two sides need a peaceful and stable environment to serve the strategic goals of development," Quan said.

"If the Chinese economy grows at relatively high speed, it will benefit the whole region through trade and commerce," said Lim, who is also a former Philippine diplomat to China.

South Africa is now at an advanced stage of preparations for the important meeting for which the African continent has high expectations, Minister of International Relations and Cooperation, Maite Nkoana-Mashabane said.

Also, analysts predict that China's investment in Africa will continue to rise. This is in line with the vision of Premier Li Keqiang, who pledged to boost China's investment in Africa to some 100 billion dollars by 2020.