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"Both sides now can contribute capital, products, services, and ideas. This combination provides brighter future between China and Britain business relations," he said.

The multilateral financial institutions, independently set up by the developing economies, mark a major step in building their own financial safety net, Wang said.

China, Brazil and Peru will cooperate to construct a railway running from the Peruvian Pacific coast to the Brazilian Atlantic coast.

He also called for closer cooperation on law enforcement, management of border areas, terrorism and transnational crime as well as cultural, educational, youth-to-youth and sub-national exchanges.

"We see significant opportunities on both sides to strengthen economic relations. This is due to the cooperation between the RDIF and Chinese institutions. The RDIF and CIC are at the forefront of this support, helping companies from each country access the other's markets, in both a financial and advisory sense. We already have a strong pipeline of attractive investment opportunities which we expect to significantly expand in the coming months," said Dmitriev in an earlier written interview with Xinhua.