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Xi urged authorities to continue to deepen SOE reform, focusing on the establishment of a modern corporate governance system.

BEIJING, May 30 (Xinhua) -- China on Monday expressed disinterest in any form of cold war and firmly opposed anything that might threaten or harm the country's sovereignty and security.

Over the past 66 years, despite major changes in international situation and domestic changes from the two countries, the China-Myanmar relations have as always maintained steady development, attributing to the abiding by the five principles of peaceful existence and the deep paukphaw friendship between the two peoples, the Chinese ambassador said.

Companies and cooperatives that have played crucial roles in poverty alleviation should be given financial support, he said.

The consensus of China and the Philippines regarding the settlement of disputes through negotiations has been confirmed in multilateral frameworks. The Declaration on the Conduct of Parties in the South China Sea (DOC), which China signed in 2002 with the Philippines and other ASEAN member states, states that "the Parties concerned undertake to resolve their territorial and jurisdictional disputes by peaceful means... through friendly consultations and negotiations by sovereign states directly concerned, in accordance with universally recognized principles of international law, including the 1982 UN Convention on the Law of the Sea," the Chinese ambassador explained.