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"Our due response should be enhancing our coordination, growing our economies, creating more jobs, stabilizing the global financial market, so we can really achieve sustainable, balanced and strong economic growth," he added. "And by doing so, we will not only achieve our development goals and eliminate poverty, we will also be really able to eliminate the soil that breeds ground for terrorism."

"Sino-African cooperation will inject fresh vigor into global economic recovery despite some complex challenges we are facing," Ikiara said.

Meanwhile, Beijing's Belt and Road Initiative will also continue to present infrastructure investment and industrial capacity cooperation opportunities for other developing nations, especially those along the ancient Silk Road.

As China's economy developed, environmental protection became a concern. Tianjin Eco-City, the second government-to-government project between China and Singapore, was established to learn from the garden city's magic to advance the economy in an environmental-friendly way.

Akio Mimura, chair of the Japan Chamber of Commerce and Industry, said he hoped medium and small sized companies could engage in more cooperation.