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Chinese Ambassador to Italy Li Junhua said that next year will mark the 50th anniversary of the establishment of diplomatic relations between China and Italy, and the two sides will hold the Year of Culture and Tourism to further cement the people-to-people bonds.

Chinese Ambassador to Zambia Li Jie said China was ready to tap into the cooperation potential of the two countries under the framework of the Belt and Road Initiative and the FOCAC.

China's rich people are now more conservative in terms of taking investment risks. According to the report, more of the mare opting for "wealth preservation" and "inheritance" as their major wealth targets, instead of "wealth creation", which was their focus back in 2009, reflecting changes in needs and values.

China's property market has remained depressed due to the social distancing amid the outbreak, as nationwide property sales-both by area and by value-dropped nearly 40 percent year-on-year in the first two months of the year, according to the National Bureau of Statistics.

China's stock market is currently the third-largest globally, but the percentage of stocks held by foreign investors has for years stayed around the 2 percent mark. Analysts believe the MSCI index inclusion effect will gradually drive more funds into Chinese stocks over the next few years.