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It is up to African countries to take advantage of the initiatives announced by the Chinese president, said Dexter.

CIIE, the first of its kind ever to be held by China in Shanghai, will be held on November 5-10. So far more than 2,800 companies from over 130 countries and regions have confirmed their participation in the event.

An official with the SPP shared similar feelings, calling the inquiry "an exam of politics and law," and a face-to-face test of the performance of duty.

In general, many banks will not loan out such a large sum of money to a rural resident as they might be unable to pay off the loans. However, since Wang was honored with an award for his hard work by the local government last year, it would be easier for him to get the 300,000 yuan loan.

Wang, chairman of the National Committee of the Chinese People's Political Consultative Conference, made the remarks while examining work related to ethnic and religious affairs and poverty alleviation in the Tibetan-inhabited areas in southwest China's Yunnan Province.