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By saying that "China and South Africa should be development partners pursuing equality, mutual benefit and win-win co-operation," President Xi is showing China's willingness to go out of its way to offer assistance in a way that is generally acceptable to South Africa, Chitanga said.

Simon Khaya Moyo, Zimbabwean minister of policy coordination and promotion of socioeconomic ventures in the president's office, said China has made "huge" contributions to Zimbabwe's economy.

To achieve that goal, Xi raised four proposals, including strengthening communication and coordination on macroeconomic policies; promoting reform and innovation to enhance growth potential; building an open world economy to bring out vigor in international trade and investment; and implementing the 2030 Agenda for Sustainable Development to inject strong impetus into equitable and inclusive development.

"There is no expectation of a currency war," he said.

MANILA, Nov. 18 (Xinhua) -- Against the backdrop of fragile global recovery and potential challenges facing Asia-Pacific development, Chinese President Xi Jinping on Wednesday expounded on his suggestion for regional growth and expressed confidence in China's economy.