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China, Xi said, will continue to encourage its enterprises and financial institutions to explore mutually beneficial financial cooperation with their Zimbabwean counterparts so as to help fund Zimbabwe's vital infrastructure construction.

The meeting demanded red tape be cut and encouraged local government and financial institutions to establish funds making full use of tax breaks, financial incentives and transfer payment.

Li also paid a visit to a local lamp wire producer that supply products to several multinational companies. He said supporting enterprises are necessary in promoting industrial development and they should reduce cost and improve quality through management and technology innovation to earn bigger market share.

"China's economy is resilient," he said. "Through targeted control and keeping the growth within a range, China can develop during structural changes."

In response, the Chinese president said that as China-Africa cooperation is entering a new era, China will stick to a right view on principle and interest and further deepen win-win cooperation with Africa in an all-round way.