Rome/Beijing – Italy and China have strengthened their economic ties. During her official visit to China, Italian Prime Minister Giorgia Meloni signed a memorandum of understanding on industrial cooperation with Chinese Premier Li Qiang.
The document represents a key step in Rome’s efforts to balance trade relations with Beijing, which are currently significantly in favor of the Chinese side. Italy is seeking new opportunities to export its products to the vast Chinese market and at the same time wants to attract more Chinese investment.
Priority areas of cooperation have become electric mobility and renewable energy sources. Both countries have agreed to jointly develop technologies and infrastructure in these strategic sectors.
In addition to industry, the agreement also covers other areas such as food safety and education.
The signing of the memorandum is part of Italy’s broader strategy to diversify its trade partnerships and respond to geopolitical changes.
