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Italian Trade Agency to Invest in China

The Italian Trade Agency would invest 22 million dollars to expand into the Chinese market. Starting with food

The Italian Trade Agency would invest around 20 million euros ($22.91 million) to expand into the Chinese market, and food would be an important sector, said Giuseppe Mazzarella, the organization’s acting president at Sino-Italian Agrifood Cooperation Forum in Shanghai last week. The forum, hosted by the agency, and themed ‘Sustainability, Food Safety and Innovation as Angular Stones for A Prosperous Future’, was aimed to deepen cooperation between the two countries’ food sectors. “China and Italy both pay great attention to cuisine in the world. It is now the perfect time for the Italian food industry to grow in the Chinese market,” said Massimiliano Tremiterra, commissioner of the agency’s Shanghai office. “We will promote the Italian ‘slow food’ movement centered around returning to nature and respecting tradition, enabling vast Chinese consumers to personally appreciate the unique Italian food culture and enjoy Italian life”, he added.

ITALIAN TRADE AGENCY FOCUSING ON FOOD EXPORTS

Italian Trade Agency’s investment in China will focus on food exports, including shipping fresh food directly from Italy to the Chinese market, promoting Italian red wines, and cooperating and communicating with local food companies. Italy was also an important participant in the inaugural China International Import Expo, which took place last week. Its government agencies, especially the trade agency, cooperate with various industry associations to actively organize enterprises to participate in the expo, striving to allow a large number of representative Italian SMEs to grasp the brand new ‘China opportunity’.

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