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BEIJING, Sept. 5 (Xinhua) -- Ever since China's top leadership floated the new economic development pattern of "dual circulation" in May, the market is abuzz with interpretations of how the model will work and its knock-on effects on the pandemic-rattled global economy.

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.

According to Hong Kong's Hospital Authority, after a 76-year-old female patient confirmed with COVID-19 infection passed away on Wednesday morning, the death toll from COVID-19 in Hong Kong has increased to 24.

Xi expressed the hope that the EU will keep its trade and investment market open, foster an open, fair, just and non-discriminatory business environment and protect the legitimate rights and interests of Chinese companies.

Emphasizing the people-centered philosophy of development, Xi demanded solid efforts to solve problems of pressing public concern.