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"Chinese companies have participated in some heavyweight projects in Italy," he said, adding that China and Italy will soon renew the action plan for cooperation, which expired at the end of last year.

"China will continue to deepen supply-side structural reform of the financial sector to increase supply of long-term assets, mainly by supporting asset management companies of insurers to set up long-maturity products. The country will also make product innovations according to the financing needs of the real economy to enrich the long-term asset market and foster a transaction market for long-term asset investments," Yuan said.

"China successfully avoided mass infections and deaths on a larger scale from COVID-19 due to its rapid and positive response－the building of hospitals in just 10 days shocked many."

"Construction machinery sales typically peak in February, March and April, contributing almost 40 percent to 50 percent to the industry's annual revenue," he said. "We expect the growth rate will start to slow down in the third quarter to a normal level, as the effect of a low comparison base fades."

"China's medical equipment industry maintained a 20 percent annual average growth rate in recent years. With the expansion of China's aging population, the healthcare and medical equipment sector will witness robust growth," said Zhao Meimei, general manger of the white goods department at AVC.