Chinese Vice Premier Li Keqiang has called for developed nations to assist the developing world in its green economy endeavor by technology transfer, financial assistance and market liberalization.

Chinese Vice Premier Li Keqiang delivers a speech on the opening ceremony of International Cooperative Conference on Green Economy and Climate Change in Beijing, capital of China, May 8, 2010. [Ding Lin/Xinhua]

Green economy offers a new model where people could both protect the climate and develop the economy, said Li at the International Cooperative Conference on Green Economy and Climate Change?in Beijing?Saturday.

Li urged countries across the world to focus on developing new energies and promoting the development of energy-saving and environmental protection industries.

Li encouraged people to live in a more energy-saving and low-carbon way, citing a "green consumption" concept.

He said international cooperation in the framework of green economy and climate change is crucial to the recovery of global economy and the sustainable development of Chinese economy.

With a theme of "Low carbon, New energy and Sustainable development," the conference was organized by the China Center for International Economic Exchanges. The conference has invited leaders, environment officials and entrepreneurs from both China and countries including Brazil, India, Mexico and South Africa.