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China firmly supports Burkina Faso's efforts to safeguard peace and stability in the country and the region, and is willing to deepen bilateral cooperation in peace and security, Wang added.

China has made strides in pushing the yuan to become an international currency and liberalizing its capital account, which helped attract foreign capital flows and shore up the yuan's strength.

China can intensify international cooperation to contribute more to fighting the COVID-19 pandemic and improving global health governance, a report released on Wednesday said.

China calls for joint efforts of the international community to push the global economy onto the path of sustainable development, promote economic globalization to develop in a fair, inclusive and sustainable direction, and resolve global issues including terrorism through development, Xi said. The BRICS countries work together for common interests and goals, he added.

China has benefited from significant policy space in rolling out its fiscal and monetary response, Raiser said.