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The scholar said Xi's forthcoming visit to Cambodia will also contribute to boosting economic cooperation between the two countries under the framework of the Belt and Road initiative.

The consensus reached by the forum also covered global governance and building a new type of international relations featuring cooperation and and mutually beneficial arrangements.

WASHINGTON, Sept. 30 (Xinhua) -- The International Monetary Fund (IMF) on Friday announced the launch of a new elite reserve currency basket including the Chinese currency, the renminbi (RMB), hailing it a "historic milestone" for China, the IMF and the international monetary system.

Japanese Minister of Economy, Trade and Industry Hiroshige Seko, for his part, said the three countries reached consensus on jointly advancing economic structural reform. He believed the meeting's outcome will promote regional and global economic growth.

The two countries have decided to cooperate in major projects in production capacity, energy and electricity, transportation, telecommunications, infrastructure and agriculture, and agreed to start the feasibility studies on the establishment of a China-Bangladesh free trade area, and establish a series of mechanisms such as bilateral dialogue and cooperation on maritime affairs, according to Wang.