China, Italy agree to launch regular parliamentary exchange mechanism

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China and Italy have signed an agreement to launch a regular parliamentary exchange mechanism in a bid to enhance bilateral cooperation. The agreement was signed by visiting Chairman of the Standing Committee of China's National People's Congress, Wu Bangguo, and Italian Senate President, Renato Schifani. Pei Jian has more.

Wu Bangguo said the regular exchange mechanism could serve as an important platform that facilitates in-depth dialogue between the two countries.

He said the NPC and the Italian Senate would enhance mutual understanding and build strategic mutual trust by carrying out high level parliamentary exchanges.

Wu also praised China-Italy relations, saying bilateral ties have maintained a sound momentum of rapid development, especially since 2004. That's when the two countries forged the all-round strategic partnership.

Wu said China is willing to work with Italy to expand bilateral cooperation in various fields and jointly tackle the global financial crisis.