China says willing to work with Italy to improve trade, investment
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China and Italy purportedly agreed to grow bilateral trade during Italian foreign minister Antonio Tajani's visit to Beijing this week.
PHOTO: REUTERS
BEIJING - China is willing to work with Italy to improve trade and investment ties, its commerce ministry said on Thursday, following a recent visit by the Italian foreign minister to Beijing.
Both sides have reached consensus on further improving the level of trade and facilitating two-way investment, ministry spokesman He Yadong told reporters when asked about Mr Antonio Tajani’s visit.
In recent months, Italy has expressed doubts over its membership in the Beijing-led Belt and Road Initiative, and has until December to formally withdraw from an accord which expires next March.
Otherwise, its agreement to participate in the initiative’s infrastructure and economic projects will be extended for another five years. REUTERS
