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"It is clear that China's proposal will inject new confidence and impetus into the BRICS partnership," said Zhu Jiejin, deputy director with the Center for BRICS Studies at Shanghai-based Fudan University.
The Chinese state councilor said development of bilateral ties between the two countries have maintained good momentum.
"The establishment of the New Development Bank (NDB) and the BRICS Contingent Reserve Arrangement with a total capital of 200 billion U.S. dollars is a concrete example of our cooperation," the Russian president said. "Since starting its work in 2016, the NDB has approved its first series of projects in all five countries."
The Hangzhou summit has shown China's spirit and strength to the world and left a deep China mark on G20 progress, Xi said.
Wang made the remarks during his meeting with High Representative Federica Mogherini of the European Union for Foreign Affairs and Security Policy on the sidelines of a series of UN General Assembly high-level events.
来源：资阳报