As pragmatic cooperation between the Philippines and China keeps producing new results, this will help the Asian countries to build consensus and pursue cooperation, he said.
He also welcomed Li to visit the Philippines and attend the East Asian Leaders' meetings on cooperation to be held in the country later this year.
China's top legislator Zhang Dejiang held talks with Alvarez Friday.
Zhang, chairman of the Standing Committee of the National People's Congress (NPC) of China, said the NPC attaches great importance to relations with the Philippine Congress and would like to cooperate on governance, legislation and supervision.
He called on the two legislative bodies to increase exchanges, provide legal and policy support to pragmatic cooperation between the two countries and help expand cultural and people-to-people exchanges.
Alvarez said the Philippines backs the Belt and Road Initiative proposed by China, believing it will contribute to Asia's development and prosperity.
He said the House of Representatives hopes to enhance cooperation with the NPC via setting up a parliamentary friendship group.
Alvarez is paying a visit to China from Thursday to Sunday at the invitation of Zhang.
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