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The head of the NDRC says China still needs to spend more infrastructure.
South Africa says a BRICS-led bank could mobilise domestic savings and co-fund infrastructure in developing regions.
The two countries have set a trade target of $15 billion by 2014.
The meeting is expected to come up with a draft resolution extending sanctions against North Korea.
The UN peacekeeping mission MONUSCO with 19,000 troops had been unable to end the fighting.
Experts are asking that China broaden the range of basic education by stressing foreign languages, economics and social science.
China's government report has set the country's economic growth target for this year at 7.5 per cent.
Ukraine is the key transit country for Russian pipelines transporting Russian gas to Europe.
Xi Jinping will be formally nominated as president during the session.
India and Bangladesh last month signed a liberalised visa agreement and an extradition treaty.
