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The comment was made by Foreign Ministry spokesman Qin Gang after three-day intensive talks in Geneva between Iran and Britain, China, France, Russia and the United States plus Germany, the so-called P5+1, failed to produce an interim deal amid hyped expectations.

China, he added, has realized that it has to advance structural reforms in order to solve the problems hindering its long-term economic development, even though it would mean slower growth.

The non-CPC groups were also asked to support the private sector and assist with its upgrading. They are also expected to use their overseas connections to help with the country's reform.

G20 members, they said, need to promote policy coordination and cooperation, maintain the stability of international financial markets, and consolidate the foundation for a robust, sustainable and steady global economic growth.

The Chinese premier said he and Dung believed common interests and consensus between the two countries far outweigh their disputes and difference.