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He said China is glad to see that Myanmar made headway in its peace and reconciliation process and to play a constructive role in promoting peace talks.

"We are happy to see that the DPRK made a major decision to shift the focus to economic construction, and the development of the DPRK's socialist cause has entered a new stage in history," Xi said, adding that China supports the DPRK's economic development, the improvement of people's livelihood, and its development path that accords with its national conditions.

Last month, Chinese President Xi Jinping proposed new initiatives for furthering opening-up at this year's Boao Forum for Asia annual conference.

The two sides had thorough exchange of views on issues including increasing U.S. exports to China, bilateral service trade, two-way investment, protection of intellectual property rights, as well as resolving tariff and non-tariff issues, reaching consensus in some areas.

Among the new entities are ministries for natural resources, veteran affairs and emergency management.