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China firmly supports multilateralism and opposes unilateralism and protectionism, and will work with other countries to promote economic globalization toward a more open, inclusive, universally beneficial, balanced and win-win direction, and jointly build an open world economy, Li said.

To facilitate the key pillar of people-to-people exchanges, Li said China will set up a China-ASEAN scholarship, implement a research and study program for about 1,000 youth leaders from China and ASEAN, and invite another 1,000 outstanding young people from ASEAN for training programs in China.

Li made the remarks when holding the third "1+6" Roundtable with leaders of major international economic and financial institutions in Beijing.

LUANG PRABANG, Laos, Dec. 16 (Xinhua) -- Chinese State Councilor and Foreign Minister Wang Yi met with Union Minister for International Cooperation of Myanmar U Kyaw Tin here Sunday, with both sides agreeing to strengthen bilateral ties and cooperation at all sectors.

This overarching objective is described by observers as China's "Fifth Modernization" drive.