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"We must stop poverty from being passed on to future generations. Every child should be confident in themselves and their future," he said.

At the meeting, Gao briefed the Lao prime minister on the progress of the implementation of the consensus, and suggested the two countries accelerate the alignment of development strategies, expand cooperation in trade and investment as well as in economy in border areas and the whole region.

Over the course of the 27 meetings convened by the leading group since December 2013, hundreds of measures have been designed and released to address various issues, including urbanization, poverty alleviation, innovation and the market's role in resource allocation.

Statistics from China customs show that in the first half of 2016, China's foreign trade stood at 11.13 trillion yuan (1.7 trillion U.S. dollars), a drop of 3.3 percent year-on-year while exports amounted to 6.4 trillion yuan (0.98 trillion dollars), down by 2.1 percent. Imports decreased by 4.7 percent to 4.73 trillion yuan (0.72 trillion dollars) but the country's trade surplus increased by 5.9 percent to 1.67 trillion yuan (0.25 trillion dollars).

Wang said at the luncheon that all the countries share closely linked interests against the backdrop of globalization, and the world should recognize the importance of building a community of common destiny for all mankind and work together to establish a new kind of international relations with win-win cooperation as the core.