The Italian Investment Promotion Commission expressed its hope at the 9th China International Fair for Investment and Trade here Saturday that more Chinese investors will inject their capital into this south European country.

China's successful "going out" strategy makes Chinese entrepreneurs most popular in the world investment market, said Claudio Scajola, Minister of Productive Activities of Italy.

At the end of 2004, China's corporations make totally 44.8 billion US dollar investment in more 150 countries and regions.

Scajola said China's rapid development greatly contributes to the world economic growth. As one of the most important economies, Italy does not want to lose the opportunities in attracting China's capital.

The Italian Investment Promotion Commission set up a 108-square-meter exhibition hall at this fair and cosponsored the Investing in Italy forum with China's Ministry of Commerce, showing its sincerity of welcoming the Chinese investors.

After the forum, Chinese Minister of Commerce Bo Xilai and Scajol signed memos concerning the small and medium enterprises cooperation and investment collaboration between the two nations.

Scajol said Italy is planning to rebuild its logistics infrastructure including its major ports and this will bring commercial chances to Chinese investors.

China has invested only 35 million US dollars in Italy at the end of this June.

With encouragement of the Chinese government, China's investment in the nation will see an surge in the next few years, said Vice Minister of Commerce Liao Xiaoqi.

Source: Xinhua