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Meanwhile, bilateral trade has also grown, De Luca added. But in order to help Italy's trade deficit with China decrease, Italian companies should work at reinforcing their assistance and post-sales services, as well as big distribution channels in China, thus achieve a more structured position in that market, he pointed out.

Antonino Laspina, chief trade commissioner with the Italian Institute for Foreign Trade (ICE), said Italy and China already have signed agreements in key sectors such as agriculture, environment and welfare, and the 13th Five-Year Plan is "a great occasion to widen Italy's presence in the Chinese market not only with its products, but also as a supplier of know-how and technologies."

He expressed hope that the two armies would earnestly implement the important consensus reached between leaders of the two countries and strengthen friendly cooperation to provide strong support and guarantee to bilateral relations.

Chen Guiya, deputy director of the Yangtze River Water Resources Committee, said there is absolutely no room for slack in the flood control efforts as several river banks have suffered damage by floods.

Both countries can work together in the building of Africa's high-speed rails, expressway network, regional aviation and industrialization of the continent to seek win-win results, according to Li.