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The two sides set targets for the development of bilateral ties in the next five years, and reached new consensus on promoting political mutual trust, deepening pragmatic cooperation, enriching cultural exchange and strengthening international cooperation, said Wang.

The 16+1 mechanism is a platform created in April 2012 by China and 16 Central and Eastern European (CEE) countries.

"We must make sure the policies cutting fees and taxes are fully implemented. Government supervision should be in the form of standardized random check, which is more of an international practice and more effective," he said.

Looking ahead, Xing said more positive changes were on the way and that the firming would be consolidated by improvement in the real economy and expansion of both external and domestic demand.

On the civilization front, Liu said China and the CEE countries should promote an outlook on civilization that advocates diversity and appreciation of one another, call for inter-civilization exchanges instead of estrangement and find ways to flourish people-to-people exchanges.