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India-China relations today have transcended the bilateral scope and acquired regional and global significance, Ansari said, adding that both countries view each other as partners for mutual benefit, not as rivals or competitors.

The program facilitates the exchange of information and best practices to foster innovation and develop solutions to challenges in environmental and energy areas.

"This meeting has offered a platform for comprehensive dialogue over economic cooperation and international investment between China and CEE countries," said a delegate on Thursday.

At a summit with 11 Latin American and Caribbean leaders last week, Xi also suggested that 2016 be designated as the "Year of Cultural Exchanges" between China and the region.

Najib pledged to work with China to build the 21st century maritime Silk Road and the Asian infrastructure investment bank.