USEUROPEAFRICAASIA 中文雙語Fran?ais
    China
    Home / China / China

    'Main course' still ahead, Li says

    By Zhao Yinan in Rome | China Daily | Updated: 2014-10-16 08:02

     'Main course' still ahead, Li says

    Premier Li Keqiang, accompanied by Italian Prime Minister Matteo Renzi, waves to the welcoming crowd as the two arrive for a meeting at Chigi Palace in Rome on Tuesday.? Max Rossi / Reuters

    Premier Li Keiqang said the main course of Sino-Italian cooperation is yet to come and the $10 billion in deals being signed on Tuesday were merely the appetizer.

    His remarks came after Italian Prime Minister Matteo Renzi described the deals as no more than an "antipasto" that should open the way to more cooperation with China in the future.

    More than a dozen deals were signed on Tuesday in sectors ranging from energy to engineering, deepening Beijing's commercial ties with the eurozone's third-largest economy.

    China has already spent more than $845 million on Italian products this year, according to the Ministry of Commerce.

    "The fact that Sino-Italian trade has increased significantly against the backdrop of global economic recession demonstrates the huge potential of our cooperation," Li said at a joint news conference.

    "We must bring more China to Italy and take more Italy to China," Renzi agreed.

    Experts said the agreements signed on Tuesday will facilitate investment from Italy to China, with better financial services and specific destinations especially reserved for Italian investors.

    Wang Yiwei, director of the Institute of International Affairs at Renmin University of China, said Italy urgently needs China's experience and financial support after being stuck in a financial crisis for the third time since 2008, and it lacks money for infrastructure upgrading.

    Italy's state lender CDP approved a $3.79 billion deal with China Development Bank. The CDP gave no details but said the projects could be in infrastructure, direct equity investments or export financing, Reuters reported.

    In addition, the state investment fund, FSI, signed a memorandum of understanding with China Investment Corp, a sovereign wealth fund responsible for managing part of China's foreign exchange reserves, for joint investment projects involving up to $645 million.

    The $10 billion package also includes an agreement on the construction of Sino-Italian ecological parks in China's State-level development zones, as pilot trials to introduce Italy's eco-friendly urban management technologies such as water processing.

    Li arrived in Rome on Tuesday and will deliver a speech at the headquarters of the Food and Agriculture Organization, before attending the Asia-Europe Meeting with dozens of government leaders in Milan on Thursday and Friday.

    Li said China wished to strengthen cooperation with small and medium-sized businesses and would encourage more Chinese tourists to visit Italy.

    Days before the premier's arrival, State Grid Corp of China bought a 35 percent stake in the energy grid holding company CDP Reti for 2.1 billion euros ($2.66 billion) and Shanghai Electric Group took a 40 percent stake in power engineering company Ansaldo Energia from Italian state fund FSI in a deal worth 400 million euros.

    As well as being a big buyer of Italian government bonds, China's central bank has made a series of significant investments in blue-chip Italian companies this year. They include stakes of about 2 percent in Italy's biggest carmaker, Fiat Chrysler, top domestic telecom operator Telecom Italia and world-leading cable maker Prysmian.

    In March, the central bank bought similar stakes in leading oil and gas operator Eni - an investment worth 1.3 billion euros - and in utility Enel.

    Italy is the last stop of Li's three-nation Europe tour, which has also taken him to Germany and Russia.

    zhaoyinan@chinadaily.com.cn

    Editor's picks
    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
    日本一区二区三区精品中文字幕 | 丰满熟妇乱又伦在线无码视频| а中文在线天堂| 国产Av激情久久无码天堂| 亚洲国产精品无码久久久不卡 | 亚洲无av在线中文字幕| 无码人妻AV免费一区二区三区| 欧美成人中文字幕在线看| 中文字幕丰满乱子无码视频 | 国产成人无码免费网站| 成人无码免费一区二区三区| 精品久久人妻av中文字幕| 亚洲中文字幕无码专区| 成在线人AV免费无码高潮喷水| 亚洲AV无码不卡在线播放| 天堂Aⅴ无码一区二区三区| 好看的中文字幕二区高清在线观看| 青春草无码精品视频在线观| 丰满少妇人妻无码| 国产在线精品无码二区| 日韩精品无码AV成人观看| 亚洲AV无码专区亚洲AV伊甸园| 69堂人成无码免费视频果冻传媒| 日韩区欧美区中文字幕| 炫硕日本一区二区三区综合区在线中文字幕 | 波多野结衣在线中文| 亚洲欧美日韩、中文字幕不卡| 亚洲av午夜国产精品无码中文字| 免费无码又爽又黄又刺激网站| 99久久精品无码一区二区毛片 | 久久无码精品一区二区三区| 国产AV无码专区亚洲AVJULIA| 国产V亚洲V天堂A无码| av无码免费一区二区三区| 免费a级毛片无码| 中日精品无码一本二本三本| 熟妇人妻不卡中文字幕| 日本中文字幕电影| 无码人妻久久一区二区三区蜜桃| 蜜桃无码AV一区二区| 亚洲av无码一区二区三区乱子伦|