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Though China posted its slowest annual growth in a quarter of century last year, policy makers have refrained from taking any radical stimulus moves. Instead, they have resorted to supply-side reforms to optimize the economic structure, prune industrial overcapacity, slash costs, and boost efficiency.

Hailing the positive momentum of the relationship, Phuc said Vietnam is willing to enhance cooperation with China on political, economic and cultural fronts and further coordination in international affairs.

Prajin Juntong said Thailand will maintain high-level exchanges with China and strengthen cooperation in transportation and science and technology, adding that as a close partner of China, Thailand will work to advance the relations between ASEAN and China.

Sall expressed appreciation for China's long-term assistance to Senegal and Africa.

China has called on G20 members to refrain from competitive devaluation and facilitated discussions on the foreign exchange market within the G20 framework, the first time in G20 history, to build confidence in the market, said Yi Gang, vice governor of the People's Bank of China (PBOC).