In his address he noted that the theme of this year's event "Restructuring Responsibility & Cooperation" was both "relevant and timely".

"In order to maintain economic growth in the region comprehensive economic cooperation has been carried out through the establishment of the ASEAN Economic Community (AEC) by increasing regional demand, creating job opportunities and promoting regional production by inviting investments from regional countries and international community and enhancing investment in the infrastructure of the ASEAN region within the appropriate policy framework," said Thein Sein, according to his official website.

He said that the government of Myanmar is currently placing a great emphasis on collaboration, transparency, accountability and inclusiveness in political, economic and social reform processes.

During the president's visit it was also announced that China will continue to work with the Myanmar government to implement joint projects such as the Kyauk Pyu deep sea port project.

The president arrived back in Naypyitaw on Sunday evening.