China has hailed its relationship with Thailand, calling the bilateral relationship exemplary.

Chinese Vice Premier Li Keqiang made the remarks in a meeting with Thailand's Deputy Prime Minister, Suthep Thuagsuban, in Beijing on Monday.

During the meeting, Li reviewed the 35 years of diplomatic ties between China and Thailand.

Li said the two countries understand and respect each others' core interests.

Calling the bilateral relationship a treasure for both nations, Li said the relationship is "a paradigm for how China and its neighboring countries can exist in harmony and benefit each other."

Li highlighted the soaring trade volume between China and Thailand.

He said China hopes to step up communication and deepen all-round trade cooperation with Thailand, as the China-ASEAN Free Trade Agreement boosts economic engagement.

Suthep said Thailand values its ties with China and that it hopes to expand cooperation with China in all fields.