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"Developed countries should fulfill their international obligations, by providing financial, technical and capacity building support to developing and least developed countries," she noted, adding that all countries should embrace a new spirit of shared destiny for all and build a new type of international relations based on win-win cooperation.

All financial institutions should be encouraged to adopt preferential policies to help lift the poor out of poverty, Wang said in a teleconference held on Friday.

However, experts said the EU could do more to engage with China under the Belt and Road framework.

As an important part of the regular prime ministers' meetings between the two countries, the committee has conducted beneficial cooperation in education, culture, health, sports, tourism, media, films, archives and youth exchanges, she said.

Founded in 2001, the SCO has six full members, namely China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan, and six observers -- Afghanistan, Belarus, India, Iran, Mongolia and Pakistan.