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"To get rich, build a road first." This is important experience of China's reform and opening-up and rapid economic development over the past three decades. "It will also prove true for Africa," Hua said.

The number of newly founded companies in China surged almost 46 percent year on year to 3.65 million in 2014, the latest data showed.

The meeting also said China should push forward reform, encourage mass innovation and provided better public services.

Interviewed by Xinhua, he said that defense departments of the two sides reached consensus on various aspects of the mechanism in January, including reaffirming previous agreements. They agreed to change the system's name from "maritime liaison mechanism" to "maritime and aerial liaison mechanism."

Given poor exports and weak domestic demands, China has been increasingly reliant on an overall reform in nearly all fields to ensure sustainable growth during an unavoidable slowdown.