ROME， Feb. 15 (Xinhua) -- Italy's Economy Minister Pier Carlo Padoan on Wednesday said the government would push forward with its privatization plan this year.

Meanwhile， the Organization for Economic Cooperation and Development (OECD) said Wednesday in a survey that Italy's gross domestic product (GDP) will grow by one percent in 2017， slightly up from a previous forecast of 0.9 percent.

The report was launched by OECD's Secretary-General Angel Gurria in a press conference alongside the Italian economy and finance minister here. "Italy's economy is recovering from a long and deep recession，" the OECD stated， adding， "Structural reforms， accommodative monetary and fiscal conditions， and low commodity prices have helped the economy to turn the corner."

The Paris-based organization also forecast a one-percent growth for Italy in 2018. Yet， it pointed out recovery remains weak， and crisis-related issues such as a wider social inequality and increased poverty had to be tackled urgently.

It also called on Italy to insist on structural reforms to fully heal from the long recession， not least addressing its huge public debt， and the bad loans burdening the banking system.

The OECD report was "rightly critical where it was needed， and yet encouraging where it had to be，" according to Padoan.

"The Italian government's tools to reduce the public debt -- including the privatization plan -- are relevant and will continue to be used，" the minister told the press conference.

"Our idea of privatization has not changed: our goal is not only to raise money， but also to increase the management efficiency in companies facing major challenges on the market，" he added.

Despite having emerged from an eight-year-long recession in late 2015， Italy's economy still bears the scars of the crisis， the OECD survey noted.

The organization， however， also acknowledged Italy's efforts in latest years. "The (implemented) reforms are producing results， this is a key message I would like to send，" state broadcaster RAI News 24 quoted Gurria as saying.

While growth was indeed recovering， some tough challenges would persist， according to the OECD chief.

"The Italian government must keep tackling evasion， which remains the Achilles heel (great weakness) of the country's tax system，" Gurria warned.

LONDON Adoree' Jackson Black Jersey , Feb. 14 (Xinhua) -- About 500,000 Chinese and British gathered at the center of London on Sunday, taking part in one of the largest Chinese New Year celebrations outside Asia.

A grand parade started at around 10:15 a.m. local time from the north of Trafalgar Square, located at the center of the city. Thirty dragon and lion dance troupes and different characters of traditional Chinese New Year celebrations Corey Davis Black Jersey , such as the Monkey King and the God of Wealth, joined the parade.

Having gained strong support from the city's authorities and police, the Chinese New Year Celebration have been held successfully over the past decade in the central square of London.

This year's event, which falls on Valentine's Day Harold Landry Black Jersey , has attracted about 500,000 people, according to the organizer.

Queen Elizabeth II, British Prime Minister David Cameron and London Mayor Boris Johnson have all sent their greetings and good wishes to the Chinese New Year.

A number of British officials Rashaan Evans Black Jersey , including Deputy Mayor of London Roger Evans, attended the opening ceremony of this year's celebrations.

"The Spring Festival in London is a wonderful harmony of the east meeting the west," said Chinese ambassador to Britain Liu Xiaoming.

"Here in London and the UK, I hope it will bring families together... I hope everyone here today will enjoy this grand opening show of the 'Golden Era' between China and the UK Austin Johnson Camo Jersey ," he added.

Celebrations at the Trafalgar Square featured acrobatics, martial arts, musical performance by pupils from Beijing, and Sichuan opera.

The most exciting lion dance show began at about 1:00 p.m. Kevin Dodd Camo Jersey , attracting thousands of visitors.

"It's amazing and I love it. The lion dance is brilliant and the skills of the performers are so absorbing," said Tania Graham, who brought her family to see the celebration.

Many small tents were erected where retailers could offer traditional Chinese food and sell New Year accessories such as cherry bombs and toys to visitors.

Besides the celebrations at Trafalgar Square, various festivities are expected to last all day in the China Town and on streets linking the square to the China Town.

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