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"China welcomes the US side to participate in cooperation within the framework of the Belt and Road Initiative," said the Chinese president, referring to the vision he proposed in 2013 of building an infrastructure and trade network connecting Asia with Europe and Africa along the ancient land and maritime Silk Road routes.

"China's importance in South Asia has long been felt since decision was taken to bring in China as an observer of South Asia Association for Regional Cooperation," said Mayor of Kathmandu Metropolitan City Vidya Sundar Shakya.

"Chinese medical workers have gained valuable experience in the prevention and treatment of the pandemic in the past few months," Zhong Nanshan, a prominent respiratory disease expert, said in a video message at the publication ceremony held in Shanghai on Monday.

"Chinese companies looking to acquire beyond China's borders focus on winning at home and exporting abroad, which enables them to strengthen their domestic competitive stance while simultaneously positioning for global expansion, especially in other developing markets," Leung said.

"Covering 29 percent of the global economy, the RCEP is a significant trade agreement in anyone's terms," said Melissa Conley-Tyler, director, diplomacy at Asialink, a think tank at the University of Melbourne.