Xinhua
25 Nov 2022, 08:05 GMT+10
ROME, Nov. 24 (Xinhua) -- Entrepreneurs, diplomats and analysts from Italy and China expressed confidence on Thursday of the future economic ties between the two countries despite a temporary slowdown in two-way trade in the wake of the COVID-19 pandemic.
They made the remarks at "China-Italy: Prospects for Business," a forum organized by the Study Center at the Italy China Council Foundation in Milan.
"Despite the obvious difficulties coming from a global economy in crisis, the message we are getting from companies is a great desire to collaborate," Mario Boselli, president of the foundation, said during the forum.
The planned launch of direct flights between Milan and Shanghai next year by Italy's flagship carrier ITA would further boost bilateral economic relations, said Luca Ferrari, Italy's ambassador to China.
Rosario Strano, head of China operations at Banca Intesa Sanpaolo, sees growing "cultural, political and economic challenges" for Italian companies operating in China, but the market potential is "still as great as it's ever been," he said.
Zheng Xuan, the interim Charge d'Affaires at the Chinese Embassy in Rome, stressed the need for both Italian and Chinese companies to focus on long-term operations.
"Commercial ties are increasingly complex and require long-term vision," Zheng said.
He was echoed by Hu Kun, president of European operations for Chinese telecommunications and information technology giant ZTE. The company has been operating in Italy for 17 years.
"We have made long-term investments in Italy, a market of strategic importance for us," Hu said. "It is important to learn how a market works and develop strong ties."
Several speakers at the forum spoke of the evolution of the economic ties between the countries.
Stefano Picchiotti, general counsel of Guala Closures, sees a growing demand for high-end products in China. His company, known for its safety closures for wine, spirits and olive oil, has operated in China since 1998 and has reported faster growth in premium and prestige products than in standard products.
Get a daily dose of China National News news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to China National News.
More InformationBEIJING, China: The Chaoyang District Intermediary Court in Beijing has begun compensation hearings for the Chinese relatives of those who ...
Israel resumed its military operation in the Gaza Strip on Friday with heavy bombardments. As strikes continue, the United States ...
LIVINGSTON, Kentucky: CSX railroad said that a failed wheel bearing on a train car caused a derailment on November 22 ...
HELSINKI, Finland: After Finland joined the North Atlantic Treaty Organization (NATO) earlier this year, hundreds of migrants from the Middle ...
CHISINAU, Moldova: Over the weekend, heavy snowfall and strong blizzards in Romania, Moldova and Bulgaria left one person dead and ...
WASHINGTON D.C.: After a House Ethics Committee report found substantial evidence that he broke the law, New York Republican representative ...
CANBERRA, Australia: As the first step in its efforts to curb the growing popularity of nicotine-filled devices with young people, ...
MOSCOW, Russia: Russia's trade in oil with India, one of the most lucrative oil trade routes since the imposition of ...
LONDON - Health experts and tobacco campaigners have strongly criticized New Zealand's decision to repeal laws that aimed to ban ...
NAYPYIDAW, Myanmar: Kyar Win, spokesperson for the Myanmar National Democratic Alliance Army, which launched a surprise offensive last month against ...
Melbourne [Australia], December 3 (ANI): Uncapped pacer Lance Morris has been included in Australia's 14-man squad for the first Test ...
manila, Philippines - The Philippines lifted a tsunami alert early on Sunday as waves receded from a magnitude 7.4 earthquake ...