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Fourthly, Xi urged the G20 to stay committed to win-win cooperation to promote inclusive global development.

Speaking highly of the unswerving determination of the Cuban party, government and people to develop bilateral ties, Xi said both sides need to have an overall plan from a long-term perspective so as to promote the in-depth development of China-Cuba ties.

The World Bank highly evaluated China's achievements in reform and opening up as well as poverty reduction and development, Kim said, also expressing gratitude to China for its positive contributions to the World Bank.

"We'll see if China and ASEAN would reach new agreements or take new measures to deepen cooperation," Xu added.

"In recent years, trade liberalization has stalled. And in just the last few years, we have seen the acceleration of the return to protectionism," he said, adding that "The escalation of tariffs will negatively affect the entire global growth outlook and slow down the pace of poverty reduction ..."