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The report showed the leapfrog development the country's foreign trade underwent since reform and opening up, introduced the progress and existing difficulties in pushing forward the high-quality development of trade, and pointed out the key areas for the work in the future.

The two sides achieved substantial progress in areas including agriculture, intellectual property rights protection, exchange rate, financial services, expansion of trade cooperation, technology transfer and dispute settlement.

Urban governance is an important part of accelerating the modernization of China's system and capacity for governance, Xi said.

The premier also called for efforts to promote high-level opening-up and international cooperation in trade and investment, adding that the country should prioritize employment and strengthen employment support for university graduates, veterans and those with employment difficulties.

Both Thailand and China attach great importance to infrastructure and connectivity construction and have achieved notable results in bilateral economic cooperation, Prayut added.