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Despite a recent slowdown, China still contributes 30 percent to world economic growth, which means that China still acts as a major world economic powerhouse, said Xi.
New Zealand is willing to enhance cooperation with China in economy, trade, agriculture and animal husbandry, he said, adding that his country also welcomes more investment by Chinese enterprises.
The China-backed multilateral development institution is tasked with financing infrastructure construction across Asia.
For his part, Sharif termed the friendship with China as a cornerstone of Pakistan's foreign policy. He thanked China's huge support to Pakistan in areas of infrastructure, energy development and building-up of national defence.
The summit is hosted by the State Council Information Office of China. Present at the event are some 200 leaders of leading media organizations from China and Africa.