The creation of the China-Pakistan Economic Corridor (CPEC) has no relevance to the Indian-Pakistani territorial dispute and will not influence China's stance on Kashmir, the Chinese Foreign Ministry spokesman, Lu Kang, said on Thursday.
They also expressed confidence that the process of industrial development of Pakistan will accelerate with the launch of special economic zones and the industrial parks.
Pakistan as a solvent country would repay its debts, he said.
Both the countries also signed letters on foreign ministers' strategic dialogue mechanism to make overall planning and coordinate cooperation in various fields.
"You can't have a society with a small number of rich people and a sea of poor people", he said, adding that this inequality is stopping people from progressing.
Nevertheless, China insisted it would not let Pakistan down.
The statement, issued at the end of the Beijing leg of Pakstain Prime Minister Imran Khan, also veered closer to Pakistan's position on counter-terrorism and NSG, whose subtext was apparent - a United Nations designation of Masood Azhar, head of the Pakistan based terror group Jaish-e-Mohammad (JeM) as an worldwide terrorist, and India's membership in an expanded Nuclear Suppliers Group (NSG).
PM Khan said that what China has offered Pakistan is a great opportunity. The trip "is significant for President Xi Jinping, whose flagship BRI has had hiccups in recent months".
"On counter-terrorism, Beijing conveyed its "...support to Pakistan's commitment and efforts to counter terrorism, assured Pakistan of its support in implementing its counter-terrorism strategy, and commended the tremendous sacrifices made by the Pakistani nation in fight against terrorism and for Pakistan's vast contribution to regional and global peace and security through its achievements and successes".More news: Amazon Tips Pre-Black Friday Fire, Echo Device Deals
Unfortunately, as happens in the life span of countries, we lost our way and what affected Pakistan and stopped it from achieving its potential was corruption, he said. "It is easy to catch low level criminals but it is much more challenging to expose white collar crime which actually devastates a country", he added.
During the meeting, Prime Minister Imran Khan thanked President Xi for extending warm hospitality to him and his delegation in China. China has so far objected to India's formal membership of the NSG, which has become a major point of friction between New Delhi and Beijing.
Earlier, President Xi warmly welcomed Prime Minister Khan and his delegation upon their arrival at the Great Hall of the People.
On the Kashmir issue, China's oft repeated stand was that it should be resolved peacefully through dialogue.
Sharing his vision of "Naya Pakistan", the prime minister congratulated Premier Li on successful anti-corruption drive, poverty alleviation, and modernization of China based on innovation and IT.
Later a separate meeting was held between State Councillor Wang Yi and Foreign Minister Shah Mahmood Qureshi.
China and Pakistan refer to themselves as "all-weather friends", united in their shared rivalry with mutual neighbor India.
They also reaffirmed their steadfast commitment to strategic partnership and underscored taking it to new heights.
On the occasion, the two sides expressed satisfaction over the multi faceted bilateral relations.