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"While the Belt and Road Initiative was proposed by China, it brings benefits to the whole world," Chinese Vice Premier Zhang Gaoli said at the opening ceremony of the expo which is taking place in Nanning, capital of south China's Guangxi Zhuang Autonomous Region.

"I hope trains in my country can match this kind of speed, convenience and high concentration of technology," Nyunt said.

Paul Sheard, executive vice president and chief economist of S&P Global, told Xinhua in a recent interview that China's credit-fueled infrastructure and residential housing investment in the past decade led to a build-up of debt and credit in the economy, which is why economic reforms are critical.

Awarding unauthorized bonuses was the most common misdemeanor, followed by giving or accepting gifts and misuse of public vehicles.

Li said China-ASEAN cooperation will have more global substance and build a new exemplar for South-South cooperation.