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China has signed memorandums of understanding on cooperation with six multinational development organizations including the World Bank and the Japan-led Asia Development Bank, encouraging them to participate in the initiative, said Zhou Qiangwu, director general of International Economics and Finance Institute of the Ministry of Finance.

China is offering research grants of up to 500,000 yuan (,000) to attract world-class talent to the agricultural industry, as the nation looks to gain an edge in an increasingly competitive sector.

China has seen cases of fraud in the name of charity fundraising, which has made the public skeptical of charity operations.

China is an important cooperation partner of Italy, he said, noting that he believes President Xi's visit will lift bilateral relations to a higher level.

China is the world's largest piano market with roughly 30 million amateur piano learners, according to the Chinese Musicians' Association.