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The two countries, he added, should promote joint research, support international cooperation in vaccine and drug research and development, step up efforts to implement the consensus reached at the 73rd World Health Assembly (WHA), and enhance support for the World Health Organization (WHO).

China will uphold the vision of a community with a shared future for mankind and work with the international community, including Thailand, to support the World Health Organization better playing its role, promote global anti-epidemic cooperation, strengthen research and development collaboration on relevant drugs and vaccines, and jointly contribute to the global cause of public health, he added.

Li, who prioritizes small- and micro-sized enterprises, urged related authorities to properly address the issue of allowing companies to use their intellectual property to secure loans and cut down their financing costs.

In May, China issued a guideline to accelerate the improvement of its socialist market economy, pledging to improve the market, policies, the rule of law and the social environment for supporting the development of private businesses and foreign-invested enterprises.

China will take targeted measures instead of massive stimulus to boost economic growth, Li said. "We have repeatedly said that we will not flush the Chinese economy with liquidity. We didn't do it and we will not do it now."