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China's Belt and Road Initiative, which comprises the Silk Road Economic Belt and the 21st-Century Maritime Silk Road and is aimed at building a trade and infrastructure network connecting Asia with Europe and Africa along the ancient trade routes, has received very positive response from an increasing number of countries, he noted, proposing the establishment of a connectivity working group under the ASEM.

The conference was presided over by Yu Zhengsheng, chairman of the Chinese People's Political Consultative Conference National Committee.

Both sides should jointly make a commemorative summit marking the 25th anniversary of China-ASEAN dialogue relationship a success, and push forward pragmatic cooperation such as the upgraded version of the China-ASEAN free trade area (FTA).

The 55th anniversary of diplomatic ties will be celebrated with exchange and cooperation in education, culture, tourism, and law enforcement security, he said.

One of the goals of China's G20 Presidency, he said, is to enable the G20 to transform from a crisis response mechanism focusing on short-term policies to one of long-term governance that shapes medium- to long-term policies, and solidify its role as the premier forum for international economic governance.