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Trade between China and nations along the Belt and Road reached 1.12 trillion U.S. dollars in 2014. Xi has said he hoped this will surpass 2.5 trillion dollars in a decade.

A development bank and a foreign exchange reserve arrangement among BRICS, which groups Brazil, Russia, India, China and South Africa, will also help finance large infrastructure projects like a transcontinental railway.

In addition, Xi and Sharif also witnessed the signing of more than 50 cooperation deals covering transport infrastructure, energy, agriculture, trade, finance, health, local affairs, media, ocean sciences and education.

The circular said CPC discipline should be regarded as "iron rules." "There should be no 'hidden pass' in implementing discipline and there should be no exceptions outside the 'cage of regulation,'" it added.

Yu, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), said the meeting between Chinese President Xi Jinping and Malaysian Prime Minister Najib Razak, on the sidelines of the 2015 Boao Forum for Asia in South China's Hainan Province in March, marked a good start for bilateral ties this year.