On the 26th, the 2019 China-Italy SME Economic and Trade Cooperation Matchmaking Conference opened in Tianjin. The conference attracted nearly 300 companies from China and Italy, covering five major industries: food, agricultural machinery, industrial machinery, auto parts, and medical equipment.

It is reported that the Ministry of Commerce co-hosted this matchmaking meeting, the Italian Ministry of Foreign Affairs and International Cooperation, the Italian Ministry of Economic Development, the Tianjin Municipal People's Government, the Italian Deposit, and Loan Bank, and the Bank of China. In July of this year, Tianjin and Italy signed a series of cooperation agreements, including constructing the Tianjin Italian SME Enterprises Industrial Park. This matchmaking meeting is a pragmatic measure to promote economic and trade cooperation between China and Italy. "Building. Wang Xiquan, Chairman of the Board of Supervisors of the Bank of China, said that Italy had formed unique advantages in fashion design, technological innovation, energy conservation and environmental protection, and medical and health care. China's small and medium-sized enterprises are in a period of rapid development and are accelerating the upgrading of product grades and brand awareness and further expanding the international market. China and Italy have broad prospects for the development of SMEs and great potential for cooperation.

During the meeting, the Italian Deposit and Loan Company held a financial product launch conference for Italian companies to support Italian companies to develop in Zimbabwe. The Italian National Gas Company signed a strategic cooperation agreement with the Tianjin Branch of the Bank of China and the Milan Branch of the Bank of China to provide high-quality financial services to key cooperative enterprises in the natural gas field of the two countries. Massimo Bagnasco, vice chairman of the European Chamber of Commerce in China and partner of Progetto (Beijing) Architectural Design Consulting Co., Ltd., said that the business cooperation between Italy and China is getting deeper and deeper at the national level. The subsequent financial support will have a very good promotion effect.

"This business meeting is a perfect starting point, especially for some Italian companies that have not established branches in China. Taking the business meeting as a starting point, the companies can achieve more through further in-depth negotiations and consensus on cooperation." Massimo Bagnasco said.

It is understood that this matchmaking event is the fifth time that the China-Italy Entrepreneur Committee has held a China-Italy business matchmaking event. With the support of the Bank of China's global cross-border matching service platform, a total of 298 "one-to-one" matchmaking talks were organized on September 26, and several cooperation intentions were reached.