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China is willing to share its experience in the field, including "Internet plus" tourism, rural tourism and other areas, said Wang.

For the past three decades, China's miraculous achievement was envied and admired by major economies, but a slowdown since the 2008 global financial crisis has left many jittery. Last year's GDP growth of 6.9percent slipped to its lowest notch in a quarter of a century.

"We plan to continue this dialogue on an annual basis, so as to intensify our cooperation to prevent nuclear terrorism and continue advancing Nuclear Security Summit goals," said the joint statement.

"We will work towards reinforcing our economic relations and our capacities to export towards the big Chinese market, and to increase Chinese direct investments in Italy, also to raise employment levels in our country," Gentiloni said.

Xi reiterated that the focus should be put on measures to cut excessive industrial capacity, destock, de-leverage, lower corporate costs and improve weak links.