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Some Chinese press cautioned that tampering with the One China policy is like playing with fire.
One of the cornerstones of the current Five-Year plan is that it aims to significantly reduce poverty by 2020.
Russian analysts say GDP growth will improve as long as oil prices are above $40 a barrel.
The death toll rose to 40 on Saturday, days after heavy rains caused major flooding in the south.
But the rise in investments is dampened by a drop in exports.
Xi is set to attend the World Economic Forum, making him the first Chinese head of state to do so.
There are expectations that the economy will struggle to grow above 0.5 per cent in 2017.
Tensions are high between both countries, as the FBI continues to probe whether Russia may have interfered with US elections.
But it is expected to regain its momentum, with growth rising to 7.6 per cent in 2018.
"China will equal the United States soon as far as economic power is concerned," WEF founder Klaus Schwab said.
