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BEIJING, Nov. 4 (Xinhua) -- China has recently named a new special envoy for Afghanistan affairs to promote peace and reconciliation in the war-torn country, a spokesperson said on Wednesday.

"It is very impressive," said Hungarian Prime Minister Orban Viktor. "China's development is indeed admirable."

Chinese President Xi Jinping, African leaders, and representatives of the African Union and other regional organizations will attend the summit aimed at reviewing and further enhancing China-Africa ties.

Xi's visit last week, which resulted in a number of economic cooperation deals, will further implementation of the Belt and Road Initiative, according to Su.

Moreover, experts believed that South Korea, faced with its own increasing debts, hopes to solve its financing problem both domestically and abroad, obtain important information to enter third markets, and enhance its ties with China and its neighboring countries -- all through the AIIB.