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The two sides have maintained communication and interaction, the CSRC said, adding that Chinese authorities have shown full cooperation sincerity by repeatedly communicating with the U.S. Securities and Exchange Commission and the Public Company Accounting Oversight Board (PCAOB) on joint inspections of accounting firms since 2019.

Party committees and governments at all levels were asked to focus on improving graduate education to cultivate more high-level talent urgently needed by the country, so as to contribute to upholding and developing socialism with Chinese characteristics, and realizing the Chinese Dream of national rejuvenation.

Wang said China has become Italy's largest trading partner in Asia and Italy is the 4th largest trading partner of China in the European Union. China's direct investment in Italy has exceeded 10 billion U.S. dollars, and there are more than 6,000 investment projects in China from Italian investors.

Fifth, he called on both sides to firmly uphold multilateralism, strengthen communication on improving global governance, promote sustainable development, resolve global and regional hotspot issues, maintain close coordination on the reform of the UN Security Council, the World Trade Organization (WTO) and the WHO, and jointly safeguard and practice multilateralism.

He said African countries including Zambia delivered invaluable support to China in the early days of its epidemic fight, and China, who empathized with them when they were hit by the virus, took the lead in providing support and anti-epidemic supplies as well as in sharing the experience in virus prevention and control so as to help improve their anti-coronavirus work.