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After the incident, China lodged serious complaints with Myanmar. Myanmar expressed sorrow over the Chinese casualties.

But Li also warned of risks and urged caution in avoiding creating vicious competition among Chinese companies.

For the real estate market, we will continue to take a multi-pronged approach to meet the diverse needs in light of the different conditions of different localities. We will continue to build more government-subsidized housing units. We want to have steady and sound growth of the real estate market. The government will continue to encourage the home-buying for self use or improved living conditions, and guard against property bubble. Honestly, there may be certain conflict of interests among these goals, and we need to strike a proper balance among multiple goals and exercise proper regulation. This is not going to be easy, but we will do our best and we believe we can do it.

Li's visit comes about four months after the first ministerial meeting of the Forum of China and the Community of Latin American and Caribbean States in Beijing.

BEIJING, May 13 (Xinhua) -- The State Council, China's cabinet, on Wednesday pledged faster broadband and lower prices for Internet services, a common concern in China.