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As the success of Pirelli's partnership with ChemChina shows, these initiatives are a great opportunity for selected investments and to open markets for Italian companies, he said.

As the host city of the second China International Import Exposition, Shanghai has identified 120 specific items for improvement in light of its experience at the first session held last November, Xu Kunlin, deputy director of the exposition's Organizing Committee office and vice-mayor of Shanghai said at a press conference on Friday.

As permanent members of the United Nations Security Council, China and Russia also bear a responsibility to safeguard multilateralism and free trade as well as promote fair and reasonable rules in global governance, she said.

As schools across the country delay the opening of the spring semester in an effort to curb the spread of the novel coronavirus, education platforms are providing free online courses to students.

As the Belt and Road Initiative is set to push overseas investments to new heights, China should establish smart platforms using big data technologies to facilitate trade and investment, said Wu Qi, global vice-president of the consultancy Accenture.