Recently, the foreign investment department of the national development and Reform Commission and the Global Affairs Department of the Italian Ministry of Foreign Affairs held the sixth meeting of the China Italy third-party market cooperation working group in the form of video conference. At the meeting, the two sides reached an agreement on the list of key projects of the second round of China Italy third-party market cooperation, including 14 projects in the fields of petroleum, chemical industry and finance.
In September 2018, one belt, one road, was signed by the NDRC and the Ministry of economic development of Italy. The two governments, enterprises and financial institutions have been actively working to overcome the impact of the epidemic on the landing of many key projects, and play an important exemplary significance. They are important cooperation results in the third areas of China and Italy. China and Italy carry out third-party market cooperation with enterprises as the main body and market orientation, abide by the laws and policies of the host country, comply with the development priorities of relevant national plans, and adhere to mutual benefit, consensus, market rules and fair competition based on economic feasibility, social and environmental sustainability. Keywords one belt, one road, one belt, one road, overseas project.
From the comparative advantages of both sides, Italian enterprises have unique advantages in advanced manufacturing, environmental protection, engineering construction, clothing and other industries. Chinese enterprises have accumulated rich experience in infrastructure construction, energy, equipment manufacturing, Internet and other fields. Both enterprises have their own advantages and strong complementarity, and there is great potential for third-party market cooperation.Editor/XuNing
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