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During Li's stay in Romania, he will meet top leaders of the country and give a speech at the parliament.

He made the remarks at an informal leaders' meeting of the BRICS group, which also includes Brazil, Russia, India and South Africa, before a Group of 20 (G20) summit in this Russian city.

BEIJING, Nov. 26 (Xinhua) -- China and France on Tuesday pledged to develop a new type of comprehensive, mutually beneficial and sustainable economic and financial partnership.

David Denoon, director of the Center on U.S.-China Relations at New York University, told Xinhua that a bigger role for market will benefit China's economy in several ways --including making it harder for government to subsidize inefficient projects, which will result in channeling resources toward efficient projects.

The decision on "major issues concerning comprehensively deepening reforms" approved by the Communist Party of China (CPC) Central Committee on Nov. 12 will have a far-reaching influence on economic and social development as well as improving people's living standards, said Yu Zhengsheng, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC).