Italian firms seek to expand China market through CIIE

0 Comment(s)Print E-mail Xinhua, October 28, 2019
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Italian firms hope to reinforce and expand their presence in China through the upcoming 2nd China International Import Expo (CIIE), an Italian official said.

Tremiterra Massimiliano, manager of the Italian Trade Commission Shanghai Office, said at least 125 Italian firms will participate in the 2nd CIIE's business exhibition, showcasing products including automobiles, fashion and luxury goods, furniture and smart home appliances in an exhibition area of 6,671 square meters.

The Italy-China Foundation, Italy-China Chamber of Commerce and Italian Trade Agency have booked 2,000 square meters for 90 Italian SMEs to showcase made-in-Italy products of high quality.

"Most of the companies have benefited from attending last year's CIIE. New deals, relationships and exchanges were registered. It was indeed a valuable experience for all participants," said Massimiliano.

Data from the Italian National Institute of Statistics showed the volume of Italy's exports to and imports from China increased by 0.3 percent and 6.4 percent, respectively, in the first half of 2019.

"Most companies will come again, and more new companies have also signed up for this year's CIIE," he said. "We're positive about a future that will see these figures grow further, bringing significant value to both countries and economies."

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