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Xi emphasized that China places great importance on and have made major achievements on poverty reduction and relief. But he said China has yet to make and is making great effort on poverty reduction so as to achieve the goal of building a moderately prosperous society by 2020.

China is willing to share the development chance, promote exchanges and mutual learning among civilizations, benefit the two peoples and jointly work with Peru towards an even brighter future of the comprehensive strategic partnership between the two countries, Li said.

The theme of the forum this year is "Asia's New Future: Towards a Community of Common Destiny".

"We should raise awareness about human beings sharing a community of common destiny. A country should accommodate the legitimate concerns of others when pursuing its own interests; and should promote common development of all countries when advancing its own development," the report said.

Afterwards, Xi and Sarkisian witnessed the signing of a string of deals on trade, finance, judicial affairs, law enforcement, customs, education and tourism.