Chinese Vice Premier Li Keqiang delivers a speech in the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, Jan. 28, 2010. (Xinhua/Xie Huanchi)

The international community should coordinate actions to meet global challenges like climate change, energy security, food security, public health security and major natural disasters, he said.

"Fifth, we should improve the structure of global governance," Li said. It is universally recognized that there is a need to improve current structures and develop a more fair and efficient structure of global governance that reflects changes in the global political and economic landscape.

The Chinese vice premier also met WEF executive chairman Klaus Schwab on the day, and stressed China's commitment to cooperate with the international community to boost sustained and balanced economic growth in the world.

Li described China's cooperation with WEF over the years as sound and fruitful.

The Chinese cities of Dalian and Tianjin have hosted three summer versions of the Davos forum.

Schwab said that China has played an active and promotive role in boosting global economic recovery and is an important force to be reckoned on.