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It is "completely possible" for China to meet the current standards for high-income countries by the end of the 14th Five-Year Plan period and to double the total economic volume or per capita income by 2035, he said.

The World Bank said in a report titled "Accelerating Poverty Reduction in Africa" that the share of Africans living in extreme poverty has fallen substantially, from 54 percent in 1990 to 41 percent in 2015, but due to high population growth during the same period, the number of poor people in Africa has actually increased from 278 million in 1990 to 413 million in 2015.

The plan should deepen reforms in key areas, speed up the establishment of a market-oriented, rule-based and international business environment, and promote high-quality opening up with more vigorous measures, he said.

Sources involved in the drafting of the plan said the key term of the reform is "comprehensive authorization," which indicates Shenzhen will be directly authorized to take the lead in increasing institutional openness.

George Kwabena, a liaison officer at Ghana's Northern Development Authority, felt inspired during his visit to poverty-stricken areas in southwest China last year.