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China's adoption of high-end development has a global dimension as China is pushing manufacturing as well as finance towards digitization, said Hans Hendrischke, chair of the business and economics cluster of the China Studies Center based in the University of Sydney.

China will never pursue development at the expense of others' interests and China's development does not pose a threat to any other country, he said.

China's central State-owned enterprises are playing a significant role in nurturing local economies of the countries in which they have presence, a report said.

China will prepare for the Shanghai Cooperation Organisation Summit to be held in Qingdao, Shandong province, in June and the first China International Import Expo in November in Shanghai, Wang said.

China would like to enhance its Belt and Road Initiative cooperation with Trinidad and Tobago and help the country develop its economy and society, Xi said.