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China held about .08 trillion of US Treasurys as of January, up by .7 billion in that month, making it the world's second-largest holder after Japan. Foreign investors are holding about trillion worth US government bonds in total, according to data from the US Department of the Treasury.

China hopes to work with Italy to strengthen our comprehensive strategic partnership. Our two countries may plan more high-level exchanges and cooperation between our governments, parliaments, political parties and subnational entities, strengthen policy communication, enhance strategic trust and synergy, and continue to give understanding and support to each other on issues of core interests and major concerns, so as to consolidate the political foundation of our relations.

China has pre-approved a total of 2.29 trillion yuan (3 billion) worth of local government special bonds mainly to fund infrastructure projects and create demand. The market expects that the total quota of the year, which is to be unveiled at the upcoming annual gathering of the nation's top legislature, may reach 3.5 trillion yuan or more.

China is accelerating the transfer of government holdings in State-owned enterprises to the social security fund, as part of its efforts to augment capital resources and bolster the country's pension system.

China is Canada's second largest trade partner.