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China is willing to further enhance high-level exchange of visits, boost political mutual trust and focus on cooperation of the Belt and Road Initiative with the Republic of Congo in the hope of jointly building a China-Africa community with a shared future, said Wang.

Against this background, China, Japan and South Korea can become important forces for promoting trade liberalization, said Tatsuhiko Yoshizaki, chief economist at Japan's Sojitz Research Institute.

The two sides will synergize their development strategies and focus on cooperation in such areas as exploitation of energy resources, chemical industry, manufacturing and marine industries.

The Wednesday meeting approved a series of fiscal, tax and financial incentives. The volume of re-lending and rediscount for small and micro businesses, and for rural areas, agriculture and farmers will be raised. The re-lending interest rate for small and micro businesses will be lowered. Evaluation for financial institutions will be improved to make sure that businesses with a credit quota of 10 million yuan (1.55 million U.S. dollars) and below shall enjoy faster loan growth than other types of credit recipients.