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China should accelerate banks' initial public offerings so that small and medium-sized commercial lenders can raise funds from capital markets and better serve small businesses, experts said.

China registered a higher rate of decarbonization than any of the world's major economies for the second year running, according to a new report published by London-based consultancy PwC.

China is willing to work with all parties to continue to strengthen communication and coordination and carry out discussions on issues concerning global strategic stability, so as to make positive contributions to global peace and security, Hua added.

China stands ready to work with all walks of life in Italy to push for a steady and long-term development of the bilateral relations on the path of mutual benefit and win-win result, and to make new contributions to boost the China-Europe connectivity and global development and prosperity at large, Xi said.

China plans to expand its high-speed railway network, already the world's biggest, by adding 2,000 km of new lines in 2020.