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As close neighbors, the ROK and China have similar culture and tradition, Moon said, adding the two sides have fast-developing economic and trade cooperation and frequent personnel exchanges.

As a leading international bank, Standard Chartered has benefited tremendously from China's reform and opening-up, especially since the bank's local incorporation on the Chinese mainland in 2007. We now have a network of more than 100 outlets and about 5,000 employees across nearly 30 cities on the Chinese mainland. The mainland market has become strategically important and a top priority for Standard Chartered, and also a key contributor to the group's network income.

As a communication platform between China and Italy, the center will also introduce more cultural and creative projects from the museum of Da Vinci in Florence, luxury automaker Maserati, and the Targetti lighting company.

As economic cooperation is extended to countries and regions along the Belt and Road, judicial cooperation also needs to improve, according to the Supreme People's Court. 

As a state party to the United Nations convention against transnational organized crime, China has been taking a range of measures, including legislation, law enforcement and judiciary measures, actively implementing its obligations under the convention, and advancing relevant international cooperation, Ma added.