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The international landscape is undergoing profound changes, but imbalance in development is yet to be addressed, he said, adding that the reform of the global governance system is gathering momentum, but improving its efficiency remains a major challenge.

Li made the remarks at the 13th East Asia Summit held Thursday afternoon in Singapore, which gathered leaders of the ten member states of the Association of Southeast Asian Nations (ASEAN) as well as Australia, China, India, Japan, New Zealand, Russia, South Korea and the United States.

BEIJING, Nov. 13 (Xinhua) -- Chinese President Xi Jinping's visits to Papua New Guinea, Brunei, and the Philippines from Nov. 15 to 21 will facilitate Asia-Pacific cooperation and intensify bilateral ties, senior officials said on Tuesday.

"Upholding justice while pursuing shared interests and the principle of sincerity, real results, affinity, and good faith, China has contributed to the social and economic development of these countries within its capability," she said, adding that this kind of assistance, with no political conditions attached, had fully respected the willingness of the recipient countries and their people.

Zhao urged supervisors sent to central Party and state entities to do better work while pledging that more supervisors will be sent to centrally-administrated financial companies.