Xinhua Rome July 6, China's Trade and investment Promotion Group ended its visit to Italy on 6th. After a two-day exchange talks, Italy and the company signed more than 30 two-way cooperation agreement. The China Trade and Investment Promotion Group has a total of more than 20 provinces and cities in China, more than 200 representatives of enterprises, nearly 300 members, attracted nearly 500 Italian enterprises to come to find business opportunities. Gao, head of China's Trade and Investment Promotion Group and Vice Minister of Commerce of China, said that the two sides have contacted each other in the fields of trade and investment, especially related to investment cooperation and technology import projects, and signed contracts and intentions for more than 30 projects, covering High-tech, mechanical equipment, information and communication, automobiles, Textile and apparel and light industry and other fields. In addition, China's Trade and investment Promotion Group has also promoted bilateral cooperation at the Government and industry level. China's Ministry of Commerce and the Italian Ministry of Economic Development signed the memorandum of Understanding on cooperation for investment promotion, the memorandum of Understanding on further promotion of Sino-Italian cooperation in the field of high technology and the memorandum of Understanding on the establishment of a working Group on energy Conservation and Environmental protection under the Sino-Italian Economic and Trade Committee. This is in recent years, the Sino-Italian Government Economic and trade visits signed the largest number of deals, involving the widest range of content. China Food and Livestock import and export Chamber of Commerce, China Motorcycle Chamber of Commerce and the Italian China Economic and Trade association and the Italian two-wheeled Vehicle Industry Association signed a memorandum of understanding and agreement on cooperation. The delegation's activities were highly valued by the leaders of Italy and China. 6th, Chinese President Hu Jintao and Italian Prime Minister Silvio Berlusconi, who are on a state visit to Italy, attended the "China-Italy Economic and Trade Cooperation forum and Business Fair", and made important speeches to the business people of the two countries on further development of Sino-Italian economic and trade cooperation. Chinese Ministry of Commerce officials said that China's trade and investment promotion group has reached a series of cooperation results, not only give full play to the advantages of strong complementarities between the two countries, expand the depth and breadth of bilateral economic and trade cooperation, but also conducive to China to promote industrial restructuring and technological progress. Italy is the first stop for the China Trade and Investment Promotion group to visit 4 countries in Europe. The facilitation Group will then travel to Sweden, Finland and Portugal. This is China's fourth time this year to organize business to Europe to carry out trade and investment talks and exchange activities. Gao said the move shows that the Chinese government insists on trade openness and is willing to work with countries to deal with the current financial and economic crisis.
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