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BEIJING, Oct. 28 (Xinhua) -- China is set to avoid the middle income trap in the next five to ten years as innovation and structural adjustment will create new fundamentals to support medium-to-high speed growth.

Li stressed that China would like to take the anniversary as a fresh opportunity to work with the Finnish side to further consolidate the political foundation between the two sides, explore potential in economic and trade cooperation and enlarge people-to-people exchanges in order to build a new type of future-oriented partnership between the two countries.

The president said China is ready to work with the United States to hold fast to principles of non-confrontation, mutual respect, and win-win cooperation, to constantly expand practical cooperation at bilateral, regional and global levels, to manage differences and sensitive issues in a constructive way, so as to push forward bilateral ties always along the right track.

-- They should jointly deal with regional and global challenges, enrich the strategic connotations of their relations, and provide the international community with more public goods.

Initiated in 2004, the expo serves as an important platform to promote bilateral trade and relations between China and the ASEAN.