The Second China-Italy Finance Dialogue was held on Wednesday as a video conference and the two sides reached 20 consensuses, said China's Ministry of Finance in a statement.

Delegates from both sides conducted in-depth discussions on macroeconomic policy coordination, global economic governance cooperation as well as fiscal and financial cooperation.

The event was co-chaired by Chinese Finance Minister Liu Kun and Italian Minister of Economy and Finance Roberto Gualtieri.

China and Italy have cooperated well against COVID-19 and both sides are willing to continue to promote multilateral cooperation, including by supporting the World Health Organization in playing a significant role in regional and global health security and cooperation. The two sides agreed to support established multilateral mechanisms to ensure the universal and equitable access of diagnostics, therapeutics and vaccines, the statement said.

Both sides agreed to promote cooperation in macroeconomic policy coordination, deepen trade and investment cooperation, and create an open, fair and non-discriminatory business environment.

China and Italy have reached consensus to boost cooperation in global economic governance as well as in fiscal and financial sectors.

The two sides look forward to the Third China-Italy Finance Dialogue in Italy, according to the statement.