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Italy bets on automotive sector to strengthen relationship with China
euronews (in English)
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30/07/2024
During her first official trip to China, Italian Prime Minister Giorgia Meloni signed a three-year plan aimed at fostering a strategic partnership between the two countries across various sectors.
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00:00
It's the first time since 2019 that an Italian Prime Minister has set foot in China, and
00:07
the first visit for Meloni since taking office.
00:10
A way to relaunch the relationship between Rome and Beijing, and to strengthen economic
00:14
cooperation after removing Italy from the Belt and Road Initiative.
00:18
Boosting the growth of Italy's automotive sector, one of the country's most strategic
00:23
industries, was among the main purposes of the agreement signed between Rome and Beijing.
00:28
We spoke to one of the members of the Italian delegation who travelled to China on behalf
00:32
of the business sector.
00:58
Electric vehicles and renewable energies are the focus of the agreement.
01:21
With Italy and other member states changing their engagement with China and tariffs being
01:39
imposed on some Chinese goods, experts say the EU is faced with the need to redefine
02:15
the EU.
02:18
Prime Minister Meloni noted that Chinese investments in Italy account for a third compared with
02:23
Italian investments in China, and she vowed to fill that gap.
02:27
Giorgia Orlandi for Euronews in Rome.
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