A group of companies operating in biotech, artificial intelligence, components and semiconductor are meeting a dozen of Chinese operators to consider whether to collaborate. The mission is organized by the Innovation Centre of Intesa Sanpaolo, and aims to open technological exchanges and investments in a province with more opportunity for the Italian know-how.
Fourteen Italian companies are participating in a mission of internationalization and innovation in the Chinese Silicon Valley, the more robotic province of Guangdong. The Greater Bay Area Innovation Road, is a project that aims to enhance the relation between Made in Italy excellence and Chinese enterprises.
The initiative, proposed by the Intesa Sanpaolo group and its Innovation Center under the auspices of the Italian and Chinese major institutions and the support of Deloitte, has the target to create new synergies through different forms of partnerships, both financial and technological.
For the Italian delegation, consisted of companies that operate in sectors such as biotech and artificial intelligence, components and semicondutors, are expected meetings in Hong Kong or Shenzhen with 81 Chinese counterparts.
The Italian ambassador in Beijing, Ettore Sequi, noted that the first edition of Innovation Road in Shenzhen represents «an interesting opportunity for the companies in our country.» With a view to promote «innovation,» states Mario Costantini, managing director of Intesa Sanpaolo Innovation Center, «we consider strategic to facilitate the exchange network between Italian and Chinese technologic enterprises.»
In Guangdong, south China, there are some cities, among which Guanzhou, once Canton, the province’s capital, Foshan and Shenzen, with the income per capita more high than the rest of China.
The advantage for who is settling in this part of China, especially in Foshan, in the heart of the Delta River Area, is to benefit from all the logistic infrastructures and of the cities in the first belt that surround it (to Guangzhou is connected with the metro), but at costs that are a third to open an office or to start a production of those in one of the cities of the first belt.
In Foshan, moreover, the Sino-European Industrial Service Zone is one of the only two platforms that have the possibility to attract companies that come from Europe with incentives in taxation and a free distribution of nice and big offices for the first year for half the price for the second and third, if you rent it for five years.
In here are located some of the giant of the Chinese industry, as Midea, number one for household products, and lots of small and medium enterprises that can be a perfect combination with the Italian enterprises. Then, the area is strongly clustered by areas linked to the manufacturing in specific fields, among which automotive, food & beverage, furniture, jewellery.
In Foshan, is also located the biggest furniture market of China: a long road with 15 kilometers that hosts only shopping malls for furniture, among which the Louvre Furniture Mall stocked with Italian quality and design products.
The most important fact is that Foshan will be the epicenter of the robots revolution since it is the capital of the manufacturing of products at a low-medium value added. According to the Made in China 2025 plan, the central and provincial authorities are promoting the companies to substitute the current production line with robotic systems and groups such as Volkswagen and Coca Cola have already a level of automation more than 70%.
The next Guangdong International Robot & Intelligent Equipment Expo that will be held in Guangzhou from 8 to 11 May 2019, will be an occasion to understand the state-of-the-art in terms of technology and markets, in this key center of the China 2025 plan.
(Source:Class Editori)
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