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"In 2018, China's GDP (gross domestic product) increased by 6.6 percent, contributing nearly 30 percent to world GDP growth," Chen Yulu, deputy governor of the People's Bank of China (PBOC), said in a statement to a meeting of the International Monetary and Financial Committee (IMFC) on the sidelines of the ongoing Spring Meetings of the IMF and the World Bank in Washington.

Highlighting the passage of the Foreign Investment Law at the National People's Congress -- China's legislature - in March, the deputy central bank chief said that subsequently, relevant laws and regulations will be revised in line with the principle of competitive neutrality.

"To insinuate that African countries were being duped into a debt trap is not to be taken seriously," he said.

Geng said China always believes that mutual respect, equality and mutual benefit are the premise and basis for reaching an agreement, and that adding tariffs will not solve any problems.

Pinera said Chile and China had achieved marked progress in bilateral relationship since the two countries established diplomatic ties.