Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Credit

HOME >

Belt and Road Countries --- Italy

January 15, 2020


Abstract : China and Italy signed a memorandum of understanding (MoU) on March 2019 to jointly advance the Belt and Road construction.

China and Italy signed a memorandum of understanding (MoU) on March 2019 to jointly advance the Belt and Road (B&R) construction.

Political system

Italy is a parliamentary republic with a head of government - the prime minister - appointed by the president and a head of state - the president. The Parliament is composed of two houses: the Chamber of Deputies and the Senate of the Republic. The country is subdivided into 20 regions. 5 of these have a special autonomous status, enabling them to pass legislation on some local matters.

Trade and economy

The most important sectors of Italy's economy in 2018 were wholesale and retail trade, transport, accommodation and food services (21.4 percent), industry (19.4 percent) and public administration, defence, education, human health and social work activities (16.6 percent).

Intra-EU trade accounts for 56 percent of Italy's exports (Germany 13 percent, France 10 percent and Spain 5 percent), while outside the EU 9 percent go to the United States and 5 percent to Switzerland.

In terms of imports, 59 percent come from EU Member States (Germany 17 percent, France 9 percent and the Netherlands and Spain 5 percent), while outside the EU 7 percent come from China and 4 percent from the United States.

Source: https://europa.eu/european-union/about-eu/countries/member-countries/italy_en#overview

Scan the QR code and push it to your mobile phone

Keyword: China-Italy Belt and Road Countries

Reading:

Guangdong's trade with Belt & Road countries up 4.7 pct in 2019

China's northernmost province sees foreign trade up 6.4 pct in 2019

China has made great success in poverty alleviation: Nobel laureate

China's trade with Myanmar up 28.5 pct in 2019

China's civil aviation market hits one-trillion-yuan level in 2019

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial