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China has rolled out a number of measures to significantly broaden market access since the beginning of 2018, a year that marks the 40th anniversary of the country's reform and opening-up policy.

China is committed to protecting and enhancing human rights development through the rule of law, Xian said. "Respecting and safeguarding human rights" is China's constitutional principle, she said.

China hopes to work with Italy to expand cooperation into new areas. China will open up further to the rest of the world, and share its market opportunities with Italy and other countries through the annual China International Import Expo and other avenues. Our two countries may fully tap our cooperation potential in ports, logistics, ship-building, transportation, energy, telecommunications, medicine and other fields, and encourage our companies to partner with each other in third markets for win-win cooperation.

China is now a major champion of world peace, global development and international order. It is also one of the most important markets for multinational corporations.

China is recently mulling transfer of a further more than 521.71 billion yuan from 35 SOEs, with a transfer ratio of 10 percent of the state-owned equity, to replenish the funds, Peng added.