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To adapt to new economic conditions, China should upgrade its domestic trade by promoting supply-side structural reform, Wang said Wednesday at a government teleconference.

The progress and results of the Belt and Road Initiative have been greater than expected, Xi noted.

"Japan is not a party to the South China Sea issue, and considering its shameful history, it has no rights whatsoever to accuse China on the matter," he said.

Many ASEAN member countries believed that the South China Sea arbitration is not a problem between China and the ASEAN, and therefore should not be a stumbling bloc to the development of the China-ASEAN relations, Wang said.

Li called on both countries to enhance high-level exchanges, increase mutual political trust, and outline the development of bilateral ties in the new era, saying China and Myanmar have highly complementary economies and great potential for cooperation.