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Mexico has established five Confucius Institutes that together have 30,000 registered students, making an important contribution to cultural exchange between the two countries, Liu noted.

Policy coordination is necessary for the NDRC, which is in charge of the new guidelines along with various other government departments. Policies regarding venture capital need to be adjusted, in case of overlap, with various department regulations so that the sector will be more efficient.

He said China would strengthen its cooperation with Uganda on construction of infrastructure and industrial parks, and support the east African nation to develop its energy and agriculture sectors.

Wang hoped that China and ASEAN nations could strive to boost cultural and people-to-people cooperation as a new pillar for bilateral strategic partnership, adding that China is willing to sign a treaty of good-neighborliness, friendship and cooperation with ASEAN.

The China-ASEAN relations have grown to a level that exceeds the expectations 25 years ago, said Chinese Minister of Commerce Gao Hucheng after meeting with his ASEAN counterparts.