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The statement said credit structures should be optimized to support the real economy. The yuan's exchange rate is expected to remain stable at a reasonable and balanced level.

If hundreds of millions of young people and small businesses participate in globalization, the world economy and trade will be changed in a greater way, he said, adding that the Belt and Road Initiative is the start of inclusive globalization.

Established in 2001 in Frankfurt, Germany, FCPAE is an independent and non-profit association of 52 Chinese professional associations in more than a dozen European countries with more than 20,000 members.

This year marks the 25th anniversary of the China-ASEAN dialogue relationship. Li said China supports the building of the ASEAN community and values Myanmar's role as an important member of the association.

China hopes the total number of exchange students could reach 300,000 in 2025 through a student exchange plan, he added.