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Li Keqiang: I have to say I am half convinced and half doubtful. When the QE is in place, there may be all sorts of players managing to stay afloat in this big ocean. Yet it is difficult to predict now what may come out of it when the QE is withdrawn. And although there is little debate about whether there will be an interest hike in the United States, people are quite uncertain about when this interest hike will take place. Honestly speaking, it is quite easy for one to introduce QE policy, as it is little more than printing money. But what about the structural problems that have led to the global financial crisis and weak economic recovery? We believe one needs to undertake structural reforms. Yet not that many countries have taken significant steps in this direction. This is like treating a patient. We need to give him IV drip and antibiotics. Otherwise, it may cost us the time to cure his disease. But eventually, one has to discontinue the use of antibiotics to allow the patient himself to recover on his own physical strength. So I’m not an outright opposer to QE, but I believe what is more important is the structural reforms.

This year's Asian-African Conference events on April 19-24 gathered leaders and delegates from some 100 Asian and African nations, 15 observer countries and 17 international organizations.

Meanwhile, China reaffirmed its support for the building of the ASEAN Community and its support for ASEAN centrality in the region, and stated its readiness to enhance communication and practical cooperation with Indonesia and other ASEAN countries in China-ASEAN, ASEAN Plus Three, East Asia Summit and other regional cooperation frameworks, and jointly uphold peace, development and prosperity in East Asia, read the communique.

"The United States and Japan have not been able to join the AIIB due to their own difficulties," Lou told Xinhua on the sidelines of the World Bank-International Monetary Fund (IMF) Spring Meetings, without elaborating.

He also expressed his confidence that the performance will definitely leave a deep impression on its audience upon the 70th anniversary of the World Anti-Fascist War.