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China is also working on developing infrastructure construction in key fields such as transportation and energy to boost the economic growth amid the mounting downside pressure.

China is pushing the public-private partnership model to reduce government debt burdens and improve efficiency, but has only seen a tepid response from private businesses, partly due to low returns and difficult risk control.

China is the second-largest client of the Panama Canal after the United States. A number of Chinese companies, including Huawei, also have established their branches in Panama, known as the "hub of the Americas".

China has pledged to increase annual trade with the Latin American region to 0 billion and foreign direct investment to over 0 billion for the five-year period between 2015 and 2019.

China is furthering its efforts to boost energy conservation and will soon set up a national platform for the promotion of advanced energy-saving technologies in steel and other sectors, sources familiar with the matter said.