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China's initiative gives new impetus to regional integration and offers rare growth opportunities for businesses, said Ong Chong Yi, minister counselor at the Malaysian Embassy in China.

"The reform measures will change the old stereotype that public institution staff are of a noble class compared to other workers. They are weakening the traditional view that a job inside the state-backed pension system means life stability," said Su Hainan, vice president of the China Association for Labor Studies.

Li used this press conference to beef up investors' confidence in the world's second largest economy.

This is Premier Li's second visit to Switzerland since he took office in March 2013, which shows the importance China has attached to Switzerland, Li said.

In his "New Year Thoughts" released on Jan. 1, Japanese Emperor Akihito said Japan should learn from history in 2015, which marks the 70th anniversary of the end of World War II.