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This year the four-day forum is titled Trade 2030 a look into the future.

The trends, observed by Hu Biliang, an economist with Beijing Normal University, include industrial structure optimization, fewer irrational outbound investment and more research and development (R&D) input.

On the other hand, we also face challenges unseen before. Hegemony and power politics persist; protectionism and unilateralism are mounting; war, conflicts, terrorism, famine and epidemics continue to plague us; security challenges, both traditional and non-traditional, remain as complex and interwoven as ever.

During the meeting, Wang also briefed Alvi on Chinese experiences on poverty alleviation and anti-corruption.

They expressed support and appreciation for the Belt and Road Initiative, believing that the joint building of the Belt and Road by Africa and China will speed up African regional integration.