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The leaders discussed international development and cooperation, as well as the important cause of South-South cooperation, and reached broad consensuses.

The leaders of the five BRICS countries exchanged in-depth views on BRICS cooperation and major international issues of common concern under the theme "BRICS in Africa: Collaboration for Inclusive Growth and Shared Prosperity in the 4th Industrial Revolution," reaching broad consensuses.

In the course of China's industrial transformation and upgrading, Chinese people's way of consumption will change and their demand for high value-added German products will grow further, Li noted.

He called on the two sides to strengthen strategic communication, increase mutual trust, promote practical cooperation, as well as cultural and people-to-people exchanges, strengthen dialogue and properly manage differences.

Financial crime, illegal fund-raising, fraud, online pyramid schemes and campus loans, among others, will be targeted. Financial personnel who engage in insider trading, abuse power for profits, and "big crocodiles" who pull strings in the market will be severely punished.