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"China has made great progress, but if you reflect back, the Global Findex showed that we went from the low 60s to about 69 percent of people in the world covered in terms of financial access," Kim said, referring to the finding that globally 69 percent of adults, or 3.8 billion people, have an account at a bank or mobile money provider, up from 62 percent in 2014.

"CPEC has greatly helped us move forward on fulfilling the requirements of Pakistan," she said, adding that the Sahiwal Power Plant has produced 1,300 megawatts of electricity to cover areas that traditionally have suffered energy deficiency.

"China is fast becoming a global hub for innovation, particularly in the field of AI," said Zhu Wei, senior managing director and chairman of Accenture China, while noting Chinese companies have demonstrated great determination to digitize their organizations amid the current complex business environment.

"By doing so, we aim not only to enhance their understanding of and trust in the government, but also to nurture future talent and leaders in society and politics," she added.

"By 2020-21, we will have restored investment in defense to 2 percent of GDP," said the statement.