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Total turnover on the Shanghai and Shenzhen bourses stood at 1.14trillion yuan (179 billion U.S. dollars), down from 1.23 trillion yuan the previous trading day.

As China is the largest developing nation and the second largest economy in the world, any major development in the formulation of a new socioeconomic policy by China will definitely arouse worldwide attention.

This will help the two countries tighten their partnership in development, work as two engines for global economic growth, forge as global partners in strategic collaboration to realize their peaceful, cooperative and inclusive development, he said.

"The Chinese president's proposal to upgrade the ties with Africa to a comprehensive strategic and cooperative partnership reiterates China's determination to press ahead its win-win ties with the continent," he added.

Malaysia welcomed deepened defense cooperation between ASEAN and China, said Hishammuddin, while hoping that China will continue to support the development of ASEAN in the future.