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Gao said that the RCEP negotiations have already had 10 rounds of talks plus four rounds of ministerial-level meetings, and that an early finalization will significantly boost all parties' confidence.

China is committed to resolving relevant issues with the Philippines through consultation and negotiation, Hong said.

"If the government takes concrete and effective action, China can lift 10 million people out of poverty every year from 2016 to 2020," said the president, achieving the 2020 poverty relief target.

The statement also said higher education institutes in the underdeveloped central and western regions, and agriculture, forestry and teacher-training needed more support.

Practical cooperation is also high on the agenda of Xi's visit to Singapore, which has been China's largest foreign investor for two consecutive years.