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With their total economy accounting for one fifth of the global economy and 70 percent of the Asian economy, the three countries have started the 10th round of negotiations on a free trade zone among them, which is expected to enhance industrial complementarity, explore potential in trade and investment and further integrate regional value chain.

Hua Chunying told reporters that Chinese Foreign Minister Wang Yi hosted the luncheon, and his counterparts from more than ten countries including Russia, South Africa, Republic of Korea, Indonesia, Mexico, and Singapore attended the meeting.

The G20 also discussed green finance for the first time this year and established a G20 Green Finance study Group, which released a report to identify challenges faced by green finance and provide voluntary options for countries to consider, Yi added.

The government should continue to streamline administration, overhaul market regulation and optimize services, said Li.

Cambodia is ready to work with China to enhance cooperation in areas including agriculture, transportation, water conservancy and power grid, he said.