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Chinese President Hu promotes new economic co-op potential with Italy, EU
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09:02, July 07, 2009

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Visiting Chinese President Hu Jintao called for exploiting new cooperation potentials to further boost economic and trade relations with Italy in his meetings with Italian President Giorgio Napolitano and Prime Minister Silvio Berlusconi on July 6 in Rome.

In his meeting with Berlusconi, the Chinese President said that the governments of the two countries should further facilitate economic and trade exchanges between enterprises of the two countries, particularly by offering policy support to financing and guarantee for cooperation between small and medium sized enterprises.

More bilateral strategic cooperation should also be tapped on the fields of telecom, infrastructure, automobile and logistics.

Hu urged the two sides to joint hands on opposing the trade and investment protectionism and solving trade disputes through consultations and dialogues.

Hu stressed that China and Italy should draw on their experience of bilateral cooperation on science and technology and environmental protection, deepen their cooperation on energy conservation and emission reduction, and new energy.

In addition, the two sides should seek cooperation on film and media and innovative designing.

He also hopes that the two countries would strengthen cooperation on tourism, research on traditional Chinese medicine, disease prevention and control, and disaster prevention and alleviation.

Agreeing entirely with Hu's views and proposals with regard to the development of bilateral ties, Berlusconi said Italy is ready to join hands with China to further bilateral cooperation in a number of fields.

Noting the smooth development of bilateral ties in recent years, the Italian prime minister also pointed out that both sides were making efforts to push ahead with their cooperation regardless of the impact of the international financial crisis.

The two leaders also exchanged views on ways of tackling the global financial crisis, fighting climate change and advancing the Doha Round talks.

After their meeting, the two leaders attended the signing ceremony for a number of cooperation documents between the two countries.

Italy is China's fifth largest trading partner within the European Union. Bilateral trade reached more than 38 billion U.S. dollars in 2008, which is close to the target of 40 billion dollars set by the two sides for the year of 2010.

In his meeting with his Italian counterpart Giorgio Napolitano at the Quirinal Palace, Hu urged both sides to expand substantial cooperation on various fields such as trade, investment, science and technology, environment protection, medicine and tourism.

Hu said both countries could enhance dialogue and coordination on various major international issues such as the global financial crisis, reform of the UN Security Council, climate change, environment protection and sustainable development.

Hu also briefed his Italian counterpart on the latest social and economic developments in China.

Napolitano said Italy is willing to further increase its economic cooperation and trade with China,

Napolitano praised China for its important role in the international arena as well as in addressing major global challenges.

He said he appreciates China's role in the G20 summit, the G8 + 5 summit and active participation in UN peacekeeping actions.

He also said the Italian side spoke highly of the measures China has taken to tackle the global financial crisis and economic downturn. He noted that China's participation is a must for the international community in its move to tackle the crisis, reform the international financial system and realize sustainable development.

On the EU-China relations, President Hu told his Italian counterpart that he believed Italy would continue to exert its influence within the European Union to boost the EU-China ties at large.

Napolitano said Italy would continue to play an active role in boosting the EU-China ties.

Italy is an all-around strategic partner of China, and also a trustworthy friend of China's within the European Union, said the Chinese President in his meeting with Italian Prime Miniter with Berlusconi.

Hu arrived in Rome earlier on July 6 for a state visit at the invitation of Napolitano.

Hu was also to attend the summit of the Group of Eight and major developing countries later this week in the central Italian city of L'Aquila.

By People's Daily Online



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