Premier vows to help Cuba industrialize

On the same day that Premier Li Keqiang made history in Havana, China and Cuba agreed to work together to boost the island nation's economic development. Li, who on Saturday became the first Chinese premier to visit Cuba in more than 50 years, vowed to help industrialize Cuba.

The consensus was reached in talks between Li and Cuban President Raul Castro in Cuba's capital.

The agreement could have a large impact on Cuba, where the economy last year grew at 4 percent year-on-year, according to China's Commerce Ministry.