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Calling the two countries important trading partners, Moon said the development of regional countries is closely linked with China's Two Centenary Goals.

At the meeting, all members of the Political Bureau of the CPC Central Committee spoke, reflecting their own performance according to Party regulations.

"Biofuel is the future of global aviation fuel. It reduces carbon emissions by half," said Tao.

Besides, China also helped Malaysia in financing the projects. In the case of ECRL, the Export-Import Bank of China financed 85 percent of the railway with soft loans, while the Malaysian government provided the remaining 15 percent.

Hong Qi, chairperson of China Minsheng Bank, estimates that infrastructure financing demand along the B&R will amount to 10 trillion U.S. dollars in the next five years.