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China is willing to work with the international community for the establishment of a community of shared destiny for mankind that is free of poverty and enjoys common development, he said.

China will continue to deepen reforms, expand opening up, treat foreign and domestic companies equally, and create a better environment for all types of market entities to make investments and innovations, as well as start businesses, Li said.

China is willing to bring benefits to surrounding countries through its own development and build a community of both shared interest and shared destiny with countries in the Association of Southeast Asian Nations countries, Premier Li Keqiang said.

China spent more than 77 billion yuan (.7 billion) in geographic prospecting in 2016 to verify new reserves of 36 varieties of mine resources, two new oil fields, two major natural gas fields and 764.3 billion cubic meters of shale gas reserves.

China started to run its first 350 kph high-speed train between Beijing and Tianjin in August 2008 and opened at least three more high-speed lines nationwide in the following years, until the government limited the maximum speed at 300 kph in 2011.