Global EditionASIA 中文雙語Fran?ais
    Business
    Home / Business / Policies

    China's high-quality development offers multiple opportunities: experts

    Xinhua | Updated: 2021-12-01 11:26
    Share
    Share - WeChat
    Aerial photo shows the morning view of the Lujiazui area in Pudong, East China's Shanghai. [Photo/Xinhua]

    MILAN -- China is already the world's top market in terms of purchasing power parity and is an "essential" player for Italian companies, said Italy-China Foundation executive vice president Riccardo Monti on Tuesday.

    He was speaking at a public convention on China's latest economic trends, and opportunities there for Italian companies.

    The event, entitled "China Watcher 2021," was hosted both on and offline by the Italy-China Foundation, the Italian Institute for International Political Studies (ISPI) and the industrial group Assolombarda. It featured the participation of analysts and corporate experts from various sectors, as well as Italy's Ambassador to China Luca Ferrari.

    According to the experts at the convention, China's high-quality development, which includes green energy transition, wealth redistribution, an improved medical system and domestic consumption, means opportunities for Italian companies in sectors ranging from healthcare and renewable energy to agri-food and manufacturing.

    "I think the energy transition is going to happen and is going to bring interesting opportunities," said Matteo Tanteri, CEO of Italian energy infrastructure company SNAM.

    The proof of China's commitment to green energy transition is in increased public awareness about climate issues, large energy companies' engagement in developing new energy vehicles (NEVs), and government actions to monitor emissions and energy consumption, Tanteri added.

    Filippo Fasulo, joint head of ISPI's geo-economics observatory, also listed renewable energy as one of the most promising sectors in the Chinese market for Italy, highlighting that "environmental improvement is crucial to China's social contract."

    Concerning the healthcare sector, Valtero Canepa, head of Bracco Group China, stressed that higher life expectancy and an improved medical system in China means increasing growth potential for Italian companies in the Asian country's healthcare market.

    "In China, the healthcare system is no longer for the few but for everybody. It has increased demographic coverage and is improving. This will create an enormous market... furthermore it is an aging country with growing life expectancy, meaning a shift toward chronic illnesses, hence growing demand," said Canepa.

    From the agri-food sector, Italian pork meat producer OPAS' export manager Luisa Baldi highlighted that Chinese high-end consumers' increasing demand for high-quality food means not only retail growth, but also a boost for short-supply-chain-companies, given the greater importance such consumers attach to food quality and traceability.

    These companies have a more sustainable business pattern, which is relatively common in the Italian agri-food industry.

    "China's definition of common prosperity and wealth redistribution is very interesting for OPAS in order to enter a market characterized by growing purchasing power, with consumers always more interested in wellness and healthy food," said Baldi.

    Aside from market opportunities, experts also stressed the challenges a more domestic consumption-oriented China will bring, identifying e-commerce, on-site production and innovation as key adjustments for future success.

    "Italian companies have to intercept opportunities with great pragmatism, tapping the uniqueness of China's impressive digital ecosystem which is globally unparalleled," said Monti. Modern Chinese society is mainly cashless, he explained, since digital payments can cover almost all of consumers' spending needs.

    According to Alessandro Zadro, head of the Italy-China Foundation's research center, Italian companies in China are still lagging behind in terms of digitalization, with just one in two companies positioned on Chinese e-commerce platforms.

    However, Chinese consumers prefer online purchasing channels, and the country's online retail revenues are expected to exceed $3 trillion by 2024, according to the Foundation's latest study.

    "We have to be in China not only to export but also to establish on-site production. China's policies offer great incentives for international companies as well. Eighteen of the world's 20 largest pharmaceutical companies have opened R&D centers in Shanghai," said Canepa, urging Italian companies to invest in innovative products in order to stay competitive in China.

    Top
    BACK TO THE TOP
    English
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    CLOSE
     
    亚洲精品无码不卡在线播放HE| 日无码在线观看| 国色天香中文字幕在线视频 | 亚洲AV中文无码乱人伦在线观看 | 无码一区二区三区视频| 天堂在/线中文在线资源官网| 久久精品国产亚洲AV无码偷窥| 再看日本中文字幕在线观看| a中文字幕1区| av无码播放一级毛片免费野外| 亚洲精品无码鲁网中文电影| 炫硕日本一区二区三区综合区在线中文字幕 | 久久青青草原亚洲av无码app| 中文字幕在线观看一区二区| 人妻中文字系列无码专区| 蜜桃视频无码区在线观看| 精品无码一区二区三区爱欲| 亚洲中文字幕不卡无码| 中文字幕在线看日本大片| 中文字幕日本在线观看| 亚洲 另类 无码 在线| 毛片一区二区三区无码| 国产亚洲精品无码专区| 久久国产精品无码一区二区三区| 亚洲国产成人片在线观看无码| 日韩精品无码人成视频手机| 无码丰满熟妇juliaann与黑人| 最近中文字幕大全中文字幕免费| 人妻AV中文字幕一区二区三区| 88国产精品无码一区二区三区| 毛片无码免费无码播放| 日韩人妻无码中文字幕视频| 无码精品人妻一区二区三区漫画 | 最近最新中文字幕视频| 欧美日韩中文字幕久久久不卡| 一区二区三区观看免费中文视频在线播放| 天天看高清无码一区二区三区| 毛片一区二区三区无码| 中文字幕av无码一区二区三区电影 | 色婷婷综合久久久久中文一区二区| 亚洲毛片av日韩av无码|