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China and the ROK have various cooperation and people-to-people exchanges, Li said, calling for the two sides to make use of opportunities to consolidate the development momentum of bilateral ties.

As an important mechanism along the Lancang-Mekong river sub-region, the LMC mechanism has been focusing on sustainable development and pragmatic cooperation in the sub-region and serving as an important platform for implementing the China-proposed Belt and Road Initiative.

In the past five years, China's domestic consumption, foreign trade and investment all surpassed most other economies, laying a solid foundation for economic and trade strength, Minister of Commerce Zhong Shan said at a meeting.

Li made the remarks while meeting with a Japanese delegation of more than 250 business leaders from major Japanese enterprises.

Zhang said the China-Russia comprehensive strategic partnership of coordination is ascending to higher levels thanks to efforts made by the two presidents.