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Li said the company saw itself as an international carmaker when it was established in 2015.

Li pledged in this year's government work report to take reform measures for lowered business-related charges. Electricity costs in manufacturing will be reduced, and the average electricity price for general industrial and commercial businesses will be cut by another 10 percent.

Li said the country will come up with a national goal on carbon intensity reduction in line with the new targets. While the national goal will be included in the 14th Five-Year Plan for National Economic and Social Development, obligatory goals will also be set for different regions, and intensified inspections will be made, he added.

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Lia Zhu in San Francisco, agencies and Xinhua contributed to this story.

Li invited Ethiopia to participate in the first China International Import Expo in Shanghai in November.

Like the BRI, the CAREC economic corridors also include infrastructure, energy and agriculture projects, he told Xinhua.

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Li will also attend the 20th ASEAN-China, Japan and the Republic of Korea (10+3) leaders' meeting, and the 12th East Asia Summit.

Li made the remarks in a signed article published by The Philippine Star on Sunday, when he arrived in Manila to begin a five-day visit to the country, where he will attend high-level meetings on East Asia cooperation.

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Li said local protectionism has caused drug authorities to ease their scrutiny over the makers of drug or health food products within their jurisdictions.

Light decorations have been added to the 20km-long banks of the city's signature Huangpu River, as well as four bridges that span across it. Hundreds of thousands of pots of flowers are dotted across Shanghai.