Italy-China Forum in Verona and Bilateral Investments

The Italy-China Business Forum, held at the Palaexpo in Veronafiere with a meeting between Italian Foreign Minister Antonio Tajani and Chinese Commerce Minister Wang Wentao, focused on increasing bilateral investments. 

According to data from the Bank of Italy, Italian investments in China have incrementally varied in accumulated stock value: EUR 11.7 billion in 2019, EUR 12.9 billion in 2020, EUR 14.7 billion in 2021, and EUR 15.5 billion in 2022. 

As for Chinese investments in Italy, there is a trend with investment stock values fluctuating over the years: EUR 2.3 billion in 2019, EUR 2.5 billion in 2020, then dropping to EUR 2.1 billion in 2021 and rising to EUR 2.2 billion in 2022. 

In terms of direct investment flows, which record the value of cross-border investment transactions in a given period, Italian investments in China moved from EUR 672 million in 2019 to EUR 1.2 billion in 2020, then to EUR 1.2 billion in 2021 and later decreased to EUR 1.1 billion in 2022. Meanwhile, there was a reduction in the flows of Chinese foreign direct investments in Italy, changing from EUR 657 million in 2019 to a negative balance of EUR 875 million in 2020, followed by an increase of EUR 236 million in 2021 and then a slowdown to EUR 140 million in 2022.