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As both Vietnam and China are socialist countries with similar paths of development, inter-party exchanges always serve as the guidance and political foundation for the advancement of their ties, and an important channel for settling problems emerging in the development of bilateral relations, he added.

He lauded the successful launch of a Lao communication satellite with a Chinese carrier rocket on Nov. 21 at the Xichang Satellite Launch Center in southwest China's Sichuan Province, as well as the formal start of the construction of the China-Laos railway on Wednesday, saying they are the manifestation of achievements made in bilateral relations.

Li also said, "China stands ready to implement bilateral collaboration projects in trade, investment and infrastructure, and to boost cooperation in fighting terrorism and drugs."

China-CEE economic and trade cooperation faces new chances, Gao said, calling on the two sides to deepen cooperation in industrial capacity and equipment manufacturing.

In his speech, Xi praised Africa as the fastest growing and most promising continent in the world, noting Africa's vibrant process of industrialization and urbanization has injected fresh dynamism into global economic growth.