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"The message sent by the Chinese leadership, including the president, the premier and the foreign minister, is clear: China, as a major power, is committed to pursuing win-win cooperation with its neighbors," said Huang Jing, director of the Center on Asia and Globalization at Lee Kuan Yew School of Public Policy, National University of Singapore.

China is striving to keep continuity of relevant topics and attend problems facing the region and cooperation requirements, Yang said, adding China will continue efforts to facilitate integration of the regional economy, infrastructure building and connectivity, and promote the adjustment of economic structure and transformation of the development mode for Asia-Pacific economies.

Those leaders will explore cooperation possibilities in such industries as power, rail, agriculture, cement and construction materials, according to Song.

Since association members will be a priority of China's peripheral diplomacy, they will also be the priority of the nation's outbound investment, said the premier.

In an article entitled "China Details Ambitious Reform Plan," the Wall Street Journal said the new Chinese leadership has presented a sweeping plan to remake the economy.