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The hard-earned deal paved the way for an ice-breaking meeting between Chinese President Xi Jinping and Abe on the sidelines of an Asia-Pacific Economic Cooperation summit in Beijing, since which China-Japan relations have witnessed gradual -- and palpable -- recovery.

"I think it is important to remove regulations like tariff barrier and trade quota on goods, mainly traded between the two countries, in order to expand bilateral trade persistently. In that sense, the Korea-China FTA will affect the bilateral trade positively and result in a trade volume expansion," said Han.

Targets in the 12th five-year plan can be achieved completely, Li said, adding that China's comprehensive national strength has improved, with its economy totalling 10 trillion U.S. dollars and per capita GDP hitting the average of countries with medium and high incomes.

"Our due response should be enhancing our coordination, growing our economies, creating more jobs, stabilizing the global financial market, so we can really achieve sustainable, balanced and strong economic growth," he added. "And by doing so, we will not only achieve our development goals and eliminate poverty, we will also be really able to eliminate the soil that breeds ground for terrorism."

Charity Manyeruke, a professor of political science and international relations at the University of Zimbabwe, said Xi's visit was testimony of the unflinching ties between the two countries.