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qq published in(发表于) 2014/6/11 10:53:01 Edit(编辑)
Italy’s new Prime Minister Shanghai speech on the reform through attracting investment

Italy’s new Prime Minister Shanghai speech on the reform through attracting investment

Italy's new Prime Minister Shanghai speech on the reform through attracting investment | mataiao·lunqi | Italy's visit to China _ news

Just set up more than hundred days of the new Government, Italy's new Prime Minister mataiao·lunqi (Matteo Renzi) can't wait to arrive in Shanghai, China, opening a 3-day official visit.


In mid-February, Italy the political "earthquake", at the age of 39, and then Italy, the Mayor of Florence, Renzi, succeeding former Prime Minister Gianni letta, becoming the youngest Prime Minister since the establishment of the Italian Republic. "The young version of Tony Blair", "Italy's Barack Obama," said political star, took the Tai Hing winds of change. Satisfactory compared with the predecessor, Gianni letta, Renzi is a typical radical.


However, Renzi and his predecessors have a similarity is China as one of the top countries. In fact, as early as January this year Italy economy Minister zhanuonatuo's visit to China, said the Prime Minister Gianni letta will visit China in April of this year. Italy's Prime Minister, and Chief of the new Government to deal with too much, Renzi's visit postponed until now.


10th, in a speech in about ten minutes, and "reform" are the words most lunqiti and, also a profound mind ambitious Italy's new Prime Minister. "Italy is not afraid of reform only through laws, taxes, government management system reform in order to rebuild Italy's investment environment. "Renzi says.


  Reverse-Italian trade deficit


Renzi's current visit coincides with the Italian 10-year anniversary of the establishment of the comprehensive strategic partnership. In the past 10 years, China and Italy's trade relations onto a new stage. At present, China is Italy's largest trade partner in Asia, and Italy is China's fourth largest trading partner in Europe.


By the end of 2012, more than more than 4,000 Italian companies to invest in China, nearly 4,800 projects in China, actually spent more than US $ 5.735 billion. By March 2013, the Chinese enterprises invested a total of 151. Italy's Ambassador Bai Daning (Alberto Bradanini), new figures showed yesterday, there are currently more than 1500 companies and enterprises to invest in Shanghai. In the Suzhou Industrial Park near Shanghai, which also has more than 200 the number of enterprises stationed in.


Despite close economic relations and trade cooperation in recent years, however, in Italy who think, huge trade deficits are indespensible for the Hom. Renzi mentioned in his speech, in 2013, the Italian bilateral trade amounted to 33 billion euros, but Italy imports even less than 10 billion euros. Therefore, narrow the huge trade deficit is Italy's new Government priorities.


Who Italy imports of machinery products to China trade shangxie told the newspaper reporters, not China's importers are reluctant to import Italy, but Italy producers sometimes too casual, thoughtless about the details, and therefore deal with them quite easily.


Earlier, reporters from Italy learned Chinese in recent years, in Italy to invest a lot of Chinese companies and workers diverted European country, Italy's corporate tax as high as 31.4%, far more than in other European countries. Meanwhile, tax loopholes are due to embezzlement by public officials to the public through taxes to fill holes, therefore, local people have been complaining. "In the past days to earn a lot of money is no longer, a lot of the second generation of the Chinese return to their home countries looking for work. "A Chinese told reporters.


  Hundred days of the new deal for change


Renzi came to power, in addition to efforts to retain foreign investment, and he's "hundred days to be completed," plans to be refreshing. Renzi, under the leadership of Italy's new Government a reform drive at least a month: February is constitutional and electoral law, March is the labor market, April is the administrative system May be tax system.


Behind these ambitious reforms, is Italy economy riddled with weakness. International rating agency Fitch (Fitch), Renzi said before he took office, the Agency maintained Italy's rating was negative, "Italy sustainability of Government uncertainty, Government structural reform and fiscal consolidation, Fitch to Italy negative Outlook causes. ”


Economic data show is evidence of rating agencies, including Fitch international investors in Italy economic worries. Italy statistics (Itsat) issued in April, the latest data show that prevailing in the country's overall unemployment rate of 13%, and since 1977 has a record unemployment levels for nearly 37 years since. Among them, 15~24sui the youth unemployment rate is as high as 46%, up 3.8%.


The euro zone's third-largest economy, Italy the past 5 years GDP has shrunk to about 7%, 25% drop in industrial production, the total debt of more than 2 trillion euros, 132.9% per cent per cent of GDP. And appeared in the fourth-quarter GDP growth for the first time since 2011, economic growth into another recession in the first quarter of this year.


Facing the fragile economy, Renzi introduced include tax cuts, a new Labour Act, providing government subsidies for low-income people, qualified State-owned enterprise executives salaries, enhancing transparency in government funding and a series of measures. As Renzi speech in Shanghai are frequently referred to as the "reform" was, in his opinion, Italy needs reforms in all aspects, require innovative thinking. Meanwhile, Renzi said, "only changed for the better in the national system, in order to attract foreign investments." However, Renzi to be challenged within 3-month political honeymoon Italy in the past 30 years can not shake the old system, there was still difficulty is not small.


(Original title: "youngest" Prime Minister visited China vows to promote investment)

02:27 on June 11, 2014 First financial daily


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