On November 19, at the China-Italy Economic and Trade 45th Anniversary Symposium with the theme "Italian China! China-Italy! Together! Win-win!" For the synergy effect, Rifa Precision Machinery won the "China-Italy Economic and Trade Contribution Award" issued by the Italian-Chinese Chamber of Commerce and the Chinese Embassy in Italy.

      Since the establishment of diplomatic relations between China and Italy 45 years ago, the economic and trade relations between the two countries have continued to develop. China has become Italy's second largest source of investment and the largest trading partner in Asia. China-Italy cooperation has entered a new stage of strong alliances, mutual benefit and win-win, and global orientation. Economic and trade cooperation has not only laid a solid foundation for the development of China-Italy comprehensive strategic partnership, but also brought tangible benefits to the people of the two countries with a large number of higher-quality and more affordable products and services. The “Thirteenth Five-Year Plan” proposal adopted by the Fifth Plenary Session of the 18th Central Committee of the Communist Party of China puts forward the new concept of “innovation, coordination, green, openness, and sharing”, which is in line with the Italian reform and development thinking, and opened up more for the cooperation between enterprises of the two countries. A big window of opportunity. I believe that with the joint efforts of all sectors, China-Italy economic and trade cooperation will surely seize the historical opportunity of the "Belt and Road" and the development strategy of the two countries to usher in a better tomorrow.

The Italian side stated that the friendship between Italy and China has a long history. Since the establishment of diplomatic relations between the two sides, bilateral cooperation has continued to develop, and economic and trade cooperation has been particularly fruitful. The annual trade volume between the two parties has expanded from 1.2 billion US dollars at the beginning of the establishment of diplomatic relations to nearly 50 billion US dollars. The Italian business community has a strong willingness to cooperate with China and is willing to actively participate in China's "One Belt One Road" construction, further strengthen exchanges and docking with Chinese enterprises, especially small and medium-sized enterprises, and achieve common development.

      The company acquired the Italian MCM company in 2014. In this short year, relying on Rifa Precision Machinery's powerful sales platform, MCM is gradually expanding the Chinese mainland market. Italy's advanced technology is combined with Rifa Precision Machinery's excellent sales platform. While improving its own technology, it also recommends Italian advanced machine tools to machine tool customers throughout China.

We believe that with the support of the Chinese and Italian government, Rifa MCM will usher in a better tomorrow.