China-Italy Bilateral Cooperation

China and Italy have established a three-year action plan to enhance their bilateral relationship, focusing on mutual interests and cooperation. Chinese President Xi Jinping emphasized the importance of the Silk Road spirit, calling for increased collaboration in traditional economic sectors such as trade, industry, and technology. Both leaders expressed interest in exploring new opportunities in modern sectors, including electric vehicles and artificial intelligence. This initiative signifies a strategic approach to solidify economic ties and deepen cooperative relations between the two nations.