Vice-President Xi Jinping Visits Italy
Editor's note: Chinese Vice-President Xi Jinping arrived in Rome on June 2 for an official state visit to Italy, to celebrate the 150th anniversary of the unification of Italy and its 65th National Day. Xi's four-day stay will deepen the China-Italy comprehensive strategic partnership. |
Vice-President Xi Jinping meets Italian President Giorgio Napolitano in Rome |
Foreign investment welcome, Xi Visiting Vice-President Xi Jinping said China still welcomes foreign investment and offers "equal treatment" to domestic and overseas investors while redoubling its efforts to expand domestic consumption, boost imports and promote business in other countries. Italy, China set to boost trade relations Vice-President Xi Jinping has expressed confidence that China's political and economic relations with Italy will get a further impetus during his ongoing visit to the European nation. Bilateral trade between China and Italy hit $45.1 billion (31.3 billion euros) last year. The two nations have also committed to boost bilateral trade to at least $80 billion by 2015. |
Global downturn, search for balance in tradeItaly was China's 15th largest trading partner in 2009 with nearly $31 billion in imports and exports, an 18.3 percent decrease from 2008, reflecting the significant effects of the global economic crisis. Vice-President joins Italian celebrations Chinese Vice-President Xi Jinping joined Italy's National Day celebrations along with Russian President Dmitry Medvedev, UN Secretary-General Ban Ki-moon, US Vice-President Joe Biden, and other world leaders. VP arrives in Rome for visit |
Bridging Sino-Italian business The China-Italy Chamber of Commerce(CICC) is a non-profit private association founded in 1991 and registered with the Chinese Ministry of Civil Affairs. 'Year of China' held to mark 40th anniversary On the 40th anniversary of diplomatic relations between Italy and China, the "Year of China in Italy" began last fall and will continue through October this year. Marposs, a long-lasting presence in China |
Analysis This year, China began to implement its 12th Five-Year Plan (2011-2015), while the European Union (EU) started its EU 2020 Strategy. Both these plans will provide a new platform and cooperation opportunities for China and Italy. |
While China and Italy have witnessed strong development in bilateral trade - reaching $45 billion last year - Ambassador Attilio Massimo Iannucci said he is confident the figure will double by 2015. |
Education and Culture
In recent years the flow of Chinese students to Italian universities has increased to more than 5,600, the largest community of foreign students studying in the nation. |
Just 60 years ago, Italians had plenty of innate fashion, but little fashion industry. In marked contrast to its current position as a "fashion superpower", almost no Italian designer in the nation enjoyed an international reputation at that time. |