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One of the highlights in Kuala Lumpur is the Regional Comprehensive Economic Partnership (RCEP), a proposed collective free trade agreement (FTA) between the 10 member states of the Association of Southeast Asian Nations (ASEAN) and six countries with which ASEAN has individual FTAs: Australia, China, India, Japan, New Zealand and South Korea.

They agreed to address the issue of imbalanced development, improve the social security system, and increase the purchasing power of the low- and middle-income population.

When meeting his Australian counterpart, Malcolm Turnbull, on the sidelines of the leaders' meetings, Li said China is ready to work with Australia to put their FTA into effect as soon as possible before the end of the year.

He said they also highlighted problems in China's development and showed a people-first priority.

"The speech by President Xi Jinping was great. He spoke candidly on issues that are dear to us African people. He also highlighted weighty issues regarding China-Africa cooperation," Molewa said.