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The pledges were made as Chinese State Councilor and Foreign Minister Wang Yi met with Thai Foreign Minister Don Pramudwinai at the sidelines of the 4th Lancang-Mekong Cooperation (LMC) foreign ministers' meeting.

Each era faces problems of its day. Problems themselves are not to be afraid of; what truly matters is for us to take a right approach to resolve the problems. Resorting to old practices such as protectionism and unilateralism will not resolve problems. On the contrary, they can only add uncertainties to the global economy. Only openness and cooperation can bring more opportunities and create more space for development. This is a well proven historical fact. One who chooses to close his door will only cut himself off from the rest of the world and lose his direction.

There were successful examples in the past that China and the United States solved their trade differences through coordinated cooperation, said Xi, urging the economic teams of the two countries to increase their contacts and conduct consultations over issues of mutual concern so as to reach an agreement which is acceptable for both sides.

Speaking highly of the unswerving determination of the Cuban party, government and people to develop bilateral ties, Xi said both sides need to have an overall plan from a long-term perspective so as to promote the in-depth development of China-Cuba ties.

Manoranjan Mohanty, former chairperson of the Institute of Chinese Studies in Delhi, said the reform and opening-up was a great revolution.