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Economic Watch: Century-old Italy-born brand Fila gains new life in China
Italy-born sportswear brand Fila has gained new life in China, with its operating revenue reaching a record high of 21.82 billion yuan (about 3.37 billion U.S. dollars) in 2021, according to its financial statements.
Feature: Italian jewelry maker plays long game with presence at CIIE events
The half century-old jewelry company Leonori Gioielli, which made its name at home in Italy, is banking on China to play a big role in its growth over the next 50 years.
Economic Watch: Italy seeks new opportunities at Hainan Expo
The first China International Consumer Products Expo (CICPE) is underway in Haikou, capital of south China's Hainan Province, with Italy among the key participants.
The Chinese Sengi Express Ltd is the first foreign company to join Italy's Poste Italiane
The company led by Del Fante, CEO of Poste Italiane, reached an agreement with Cloud Seven Holding in order to acquire 51% of Sengi Expressed Limited, a company based in Hong Kong and specialized in the e-commerce between China and Italy.
Int'l Cooperation Center of NDRC inks MoU with Italy's Eni to boost energy cooperation
A memorandum of understanding (MoU) on cooperation between the International Cooperation Center of National Development and Reform Commission (ICC-NDRC) and Eni of Italy was signed by ICC-NDRC director general Huang Yong and Eni's chief executive officer Claudio Descalzi through video connection in the Italian Embassy in Beijing on Tuesday.
Upsurge in Made in Italy export (+35%) to China recorded in November
Last November, a strong upsurge (+35%) in the Italian export to China was recorded and also purchases from China increased, but at a lower rate (+14%).
Italian media, experts applaud China's economic recovery
The latest economic data from the world's second-largest economy has attracted wide attention in Italy, with local media praising China's economic growth and experts highly valuing the Chinese market.
CAITEC: five reasons to Chinese investments in Italy
For Chinese companies, Italy is a platform in the Mediterranean, a compatible market with the Chinese one and a connection with Europe.
The e-learning boom in China offers opportunities to Italy as well
The pandemic has accelerated the e-education development in China, where the internet giants are competing for a market which is already worth hundreds of billions of dollars, by involving companies of different sectors. Italy could benefit from the Chinese market experience.
China Eastern Airlines to strengthen routes in Italy with a green fleet
China Eastern Airlines is reinforcing its presence in Italy in a sustainable perspective. The airline will fly with the new green fleet with low emissions, in line with the Belt & Road Initiative directives.
BRI as "driving force" in the relationships between Italy and China for the next 50 years
In the visit framework has been announced an important strategic agreement between Snam- owned by Marco Alverà- and China Oil and Gas Piping Network Corporation- newly built company of energy infrastructures.
The new Seashore ship has been launched: 4.5 billion worth for the Italian economy
It is the third (out of four expected by 2023) of Seaside class, the biggest ever built in Italy. The entire fleet will account for 15 billion, equal to 1% of GDP. In addition, 4,000 workplaces are expected.
Green light by the EU to a financial assistance of 2 billion to Italy for commercial credit insurance
Due to the economic impact of the pandemic, as Brussels has noted, the risk that insurers will not be willing to take out such policies has increased.
Ansaldo Energia accelerates the construction of the power plant in Mornaguia, Tunisia
Completed in advance the final stages of construction and entry into operation of the gas-fired power plant. The contract with STEG, worth approximately € 250 million for the construction of a 600 MW power plant operated by two gas turbines, was awarded in 2018.
FAW project for the car of the future, the Region works on it
The assessor for the Development and work of the Emilia-Romagna region, Vincenzo Colla, has drafted the regional law on attractiveness in order to simplify the start of the project concerning the production of a super electric car by the largest Chinese automotive group.
Tronchetti Provera: following Chinese example for phase 2
The CEO of Pirelli has talked about the new business partner Niu, who has aimed at joining the company for many years. CAMFIN will rely on a unified governance and there will be a partner who makes us reaching the 15%, the goal we wanted to reach with the options we had acquired.
SACE, the State takes the responsibility for 90% of the major export risks
In fact, the decree law on guarantees for liquidity for enterprises, with SACE as the pivot of the new system, also renews the agreement between the Ministry of Economy and the insurance group on concentrated risks, expired two years ago.
Large distribution, virtual fairs, e-commerce: Made in Italy to relaunch the sector
Foreign Minister Luigi Di Maio writes to exporters. Thematic tables with trade associations will start from next week. The government focuses on digital and promotion
Seven lessons from China to defeat coronavirus
Are there any lessons that Chinese companies, the first ones which had to cope with coronavirus, can teach to the European and in particular to the Italian ones? A BCG analysis has collected and listed them.
Zoomilion to give 50-thousand masks to Italy against Covid-19
Zoomilion intervention has been added to a series of initiatives to support Italy. On Thursday March 12, the plane coming from China with nine specialists and a cargo of humanitarian aids, sent by the Chinese Red Cross Organisation to the Italian one, landed in Roma Fiumicino.
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