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"For the foreseeable future, although the external environment is complicated and uncertainty remains… new favorable factors are emerging to support further opening-up and a market-oriented regime," Wang said.

"Globalization exists in a political context. In the 19th century, it largely took place within European empires. In the 20th century, it took place through US-backed international institutions, and in the 21st century, it may exist within China-centered institutions such as the BRI," he said.

"Given its knowhow and experience in Latin America, a regional multilateral bank like CAF possesses a huge potential to become a key partner for China," said Ugarte.

"Given the scale of China's economy, the direction and policies being set are very significant beyond China－in the regional and global economy," she said."With the challenges facing the world at the moment, it is encouraging to see China's economy still forecast to grow in 2020－one of the few large economies to do so."

"Green and low-carbon development is key to the industry's high-quality development, and in the past few years, we have made considerable progress," He said during a forum held in Beijing by the China Metallurgical Industry Planning and Research Institute.