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At present, BYD electric vehicles are marketed in more than 30 countries and regions. The company has sold more than 30 electric buses to the Netherlands since 2012 and will deliver to Los Angeles in the first half of this year.

His visit comes about four months after the first ministerial meeting of the Forum of China and the Community of Latin American and Caribbean States in Beijing, where China and Latin American countries agreed to increase their trade to 500 billion U.S. dollars by 2025. China also pledged to bring its accumulative investment in the region to 250 billion dollars by then.

The country must make intensified efforts to streamline administration and delegate power to lower levels, which will reduce administrative approvals and eliminate restraints on market vitality and development, he said.

The Chinese president made a keynote speech at the summit and expounded China's ideas, thoughts and ways to carry forward the Bandung Spirit and promote cooperation between Asia and Africa.