The three sides must consolidate the foundation for mutual trust, respect one another's interests and major concerns and stay committed to dialogue and consultation in solving differences, he said.

China, Japan and the ROK, all major countries in innovation, must step up cooperation on innovation, foster new growth points and share innovation outcomes, he said.

He urged more efforts to enable easier mobile payments to provide more convenient services for tourists from the three countries.

Regarding the Korean Peninsula, Li said the three sides must jointly safeguard regional peace and stability and advance denuclearization and the establishment of a mechanism to promote peace on the peninsula, which fits with the common interests of all three countries.

The premier also stressed the need to uphold free trade and push forward reform of the World Trade Organization under the principles of mutual respect, fairness and win-win outcomes.

Moon said at the meeting that it is important that the three sides work closely together and keep expanding common interests against a backdrop of rising protectionism and increasing factors of instability.

He also urged greater efforts in protecting intellectual property rights and enabling closer people-to-people exchanges.