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Third, we need to advance industrial capacity cooperation to explore effective pathways toward common development. Industrial capacity cooperation can help countries leverage their resource endowments and comparative strengths, catalyze industrial transformation and upgrading, and advance industrialization and urbanization.

Secondly, all nations shall act upon rules and order. Practicing multilateralism is, first and foremost, about upholding the UN Charter, observing international law and the basic norms governing international relations and honoring international agreements reached upon through negotiations.

Stressing that development is what African nations need most, Sisi said the Beijing Summit of the FOCAC demonstrates that China attaches great importance to Africa's development. Egypt fully supports China in hosting a successful summit, he said.

China always advocates that any problem between China and the United States can be resolved through equal and frank dialogue, he said.

China held a commendation meeting on poverty alleviation Wednesday in Beijing, where 99 people and 40 institutions were honored for their efforts in reducing poverty.