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China is a "fascinating" place for global investors, which has rich investment opportunities in tech-related sectors and has been more open to foreign investors in recent years, he said.

China is speeding up green manufacturing development by inaugurating the Green Manufacturing Association of China (GMAC) in Beijing on Saturday.

China has proposed recommendations and measures on the global fight against the novel coronavirus pandemic, including its decisions to make its vaccine, "once available, a global public good," provide billion in international aid to affected countries, especially developing countries, cancel government interest-free loans owed by African countries due to mature by the end of 2020, and implement the G20 Debt Service Suspension Initiative.

China is becoming a global leader in the research and development of 5G standards and the overall market of country's 5G industry is expected to reach 1.15 trillion yuan (0.5 billion) by 2026, a nearly 50 percent growth from its 4G market, a consulting company said, Economic Information Daily reported.

China is now Italy's largest trading partner in Asia, with bilateral trade reaching 42 billion euros in 2017, according to statistics from the Chinese Ministry of Foreign Affairs.