China is ready to boost coordination with Argentina over its hosting of the Group of 20 Leaders' Summit in Buenos Aires later this year and to help make the summit a success, President Xi Jinping said on Friday.

Xi made the comments as he exchanged messages with Argentine President Mauricio Macri on bilateral ties, the summit and Argentina's economic situation.

China firmly supports Argentina's hosting the summit, which will be held from Nov 30 to Dec 1, and will work with the country to effectively navigate the event, advance multilateralism, reinforce global governance and build a world economy of openness, Xi said.

Macri said his country, during its G20 presidency, will further honor the consensus and outcomes reached at the G20 Summit in 2016 in Hangzhou, Zhejiang province.

In addition, Macri briefed Xi about Argentina's economic and financial situation as well as its countermeasures.

Xi noted that some emerging economies, including Argentina, have recently encountered new challenges, affected by external factors.

China supports efforts by Argentina to promote the country's stability and development and is willing to offer help within its capacity, he said.

It is believed that Argentina can overcome the momentary difficulties and achieve long-term economic stability and healthy, sustained growth, Xi said.

Last year, Macri attended the first Belt and Road Forum for International Cooperation in Beijing and made a state visit to China. Xi said he highly values the bilateral ties and is ready to work with Macri to further develop the relationship, steadfastly advance major projects and bring the bilateral comprehensive strategic partnership to higher ground.

Macri also said Argentina fully supports the Belt and Road Initiative.

Later this month, State Councilor and Foreign Minister Wang Yi will make an official visit to Argentina and attend the G20 foreign ministers' meeting there.

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