Over 800 Italian companies have invested €15 billion ($17.5 billion) in the Chinese mainland this year, aligning their long-term strategies with China's high-quality development goals, according to a recent industry survey. The surge underscores growing confidence in Asia's largest economy amid global market uncertainties.
Italian Ambassador to China Massimo Ambrosetti highlighted the synergy between Italy's industrial expertise and China's innovation-driven growth, stating, 'Our collaboration spans advanced manufacturing, green technology, and sustainable infrastructure—key pillars of both nations' visions.' China-Italy Chamber of Commerce Chairman Lorenzo Riccardi added that over 60% of surveyed firms plan to expand operations in 2026, citing streamlined regulations and rising consumer demand.
Pirelli Asia Pacific CEO Andrea Maganzani emphasized localized R&D efforts, noting, 'Our smart tire projects in Jiangsu Province reflect China's shift toward high-value industries.' Analysts suggest these investments position Italian firms to benefit from Beijing's dual-circulation strategy and regional trade pacts.
The trend coincides with strengthened cultural exchanges, including a joint heritage preservation initiative announced last month, further deepening bilateral ties established since 1970.
