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Although no numerical targets were offered, President Xi Jinping expounded in a later explanation that annual growth of 6.5 percent would be required for China to "build a moderately prosperous society" by 2020.

The government supports eldercare institutions to provide hospice care, Chinese medicine, and geratologous and rehabilitation services in accordance with the law, said the statement.

"China is working hard to facilitate the economic stabilization in Asia and the Pacific, as well as in the world, and has actively participated in the global governance and the building of an open world economy," Zhuo Shaojie, deputy director of the Chinese study Center at the University of Melbourne, said.

During the visit, China and Vietnam reached an agreement on feasibility study of the Hanoi-Lao Cai-Hai Phong Railway project in northern Vietnam, according to a joint communique issued Friday.

During Xi's visit, the two sides announced the readiness to launch negotiations on upgrade of their seven-year-old free trade agreement (FTA) and the third government-to-government (G-to-G) project in Chongqing city in southwest China, following the first in Suzhou in east China and the second in Tianjin in north China.