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ADB has been an important supporter for China in reducing emissions and fighting climate change, Xie said, adding the new roadmap will see the two sides embark on further cooperation in leveraging funding and transferring innovative technologies, which will help China boost its ability to adapt to climate change.

The G20, a main forum for global economic and financial cooperation, accounts for around 85 percent of global GDP, 80 percent of world trade, and two-thirds of the human population.

"This is a strong signal and crucially needed by companies and stakeholders. I am confident it will encourage others to follow suit," added Canete.

The Chinese side will work with the AU closely to implement President Xi Jinping's promise of assistance, and boost cooperation on Africa's infrastructure and Industrialization to benefit the African people.

Xi pledged that China will accelerate efforts to build high-standard free-trade agreements (FTAs).