The two sides are also planning to draft a roadmap on energy cooperation, while encouraging dialogues and interaction between China and the EU on information and communication technologies.
Regarding people-to-people exchanges, China and the EU will complete negotiations on mutual exemption of visas for diplomat passport holders by 2015 and will discuss how to facilitate visa services for business people, tourists and students.
The two sides also agreed to set up a dialogue mechanism concerning legal affairs.
Meanwhile, Li outlined China's proposals on exploring third-party markets through production capacity cooperation and got positive feedback from the EU side.
Both China and the EU agreed to uphold the purposes and principles of the UN Charter, and to help the international order develop in a fairer and more reasonable direction.
The Chinese and EU leaders also exchanged views on the Iranian nuclear issue, the Middle East, Afghanistan and other international and regional issues.
After the Brussels trip, Li traveled to Paris later Monday for an official visit to France.