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As early as mid-March, the first wave of the COVID-19 outbreak in Italy sounded an alarm to China to boost the development of a Health Silk Road, which aims to expand and strengthen cooperation among countries in Europe and across the world in the field of health.

As a green energy, liquefied petroleum gas can make up for shortages in natural gas and is cost-effective and easy to transport. When used as an automobile fuel, it releases 90 percent less carbon monoxide and 70 percent less hydrocarbon compounds than traditional petroleum.

As Xi underlined, support will be given to Pudong to expand business activities including offshore yuan transactions, cross-border trading and settlements as well as overseas financing. An international financial assets trading platform should be built up in Pudong to enhance the area's influence regarding commodity pricing, he added.

As a newly elected member of board of directors of Boao Forum for Asia, Prodi said after hearing Xi's speech on Tuesday that he had candid exchanges on the subject with several politicians at the conference. "They have welcomed President Xi's speech and had very positive comments on China's measures of opening-up further," Prodi said.

As a global accounting and consulting firm, how has PwC benefited from China's integration into the global economy?