Chinese President Xi Jinping (1st L) and Myanmar's President U Thein Sein (2nd L) walk to a welcoming ceremony to be held by President Xi Jinping for President U Thein Sein in Sanya, south China's Hainan Province, April 5, 2013. (Xinhua/Li Xueren)

"The two sides will promote sustainable development of economic and trade cooperation between the two countries on the basis of mutual benefit and win-win results, properly address problems that may occur, and move forward the implementation of major cooperation projects, to benefit the two peoples and common development of the two countries," said the document.

During the talks, the two sides also vowed to strengthen coordination and cooperation within multilateral frameworks, including 10+1, 10+3, the East Asia Summit (EAS), Greater Mekong Sub-region (GMS) and the United Nations, to safeguard common interests of developing countries, and promote peace, stability and development of the region.

According to the communique, China will also support Myanmar in hosting the 27th Southeast Asian Games.

At the invitation of Xi, U Thein Sein is paying a state visit to China from Friday to Sunday. The Myanmar president will also attend the annual conference of the Boao Forum for Asia on Sunday.