It has also demonstrated China's rising global status and influence as well as the popularity of the Belt and Road Initiative among the worldwide community, the minister concluded.
For his part, Gentiloni said the just-concluded Belt and Road forum had sent a positive signal to the world economy and worldwide trade.
Nepal is officially signed an agreement two days ago to be part of President Xi Jinping's ambitious plan to build a new Silk Road, he said on the sidelines of the Belt and Road Forum in Beijing.
Through infrastructure development under the initiative, China aims to broaden its sphere of economic influence and win allies around the world. An official at a development bank said there are very few suitable infrastructure projects in developing nations the institution could invest in.
Meanwhile, China signed cooperation deals with 68 countries and global organisations during the forum, The Straits Times reported.
The event is being attended by leaders from at least 29 countries, including Pakistan.
"We reaffirm our shared commitment to build open economy, ensure free and inclusive trade, oppose all forms of protectionism including in the framework of the Belt and Road initiative", the statement said. It has given Beijing an opening to try to play a bigger leadership role in trade, climate and other global issues, say experts.
The initiative, as an important outcome document to gather strength, seek for the truth and deal with concrete challenges, will lead the world to forge ahead, the minister pointedout.
China has defended globalisation at a time when the U.S. is retreating into "America First" policies on trade and foreign relations under Mr Trump.
"India's objection to the B&R is partly a show for domestic politics, partly to pile pressure on China".
Mr Xi said China will host the second Belt and Road Forum in 2019.
Hua said China always followed the principle of extensive consultation with other countries on the project over which India has sovereignty concerns. It should "embrace China's progress in regional integration and seize the opportunity".
Mr Xi pledged on Sunday to pump an extra US$124 billion (S$173 billion) into the China-bankrolled project, which involves a huge network of ports, railways, roads and industrial parks.
Yesterday, Xi announced United States dollars 124 billion funding from China for the 60-odd countries taking part in the initiative. As a friend and neighbour, India can at best alert them to the perils of the B&RI, and offer assistance should they choose another path. India may also face some hard choices in the road ahead, because as a co-founder of the Asian Infrastructure Investment Bank and as a member of the Shanghai Cooperation Organisation (from June 2017) it will be asked to support numerous projects under the B&RI.
The route cuts through Gilgit and Baltistan in Pakistan-occupied Kashmir, a disputed territory that India claims is illegally occupied.