europe asia: Xie said China will participate in the renovation and expansion of Italy's Genoa and Trieste ports, and in the future the two ports are expected to be the new Belt and Road hubs in the Mediterranean region, which will give full play to Italy's regional and economic strengths in Belt and Road construction, according to Global Times China. Xie believed that by enhancing communication and exploring consensus, the European Union's Strategy on Connecting Europe and Asia and the Belt and Road Initiative can boost Asia-Europe cooperation with mutual benefits and win-win outcomes, and better tackle global challenges. The signing of a memorandum of understanding on jointly advancing the Belt and Road construction between China and Italy will further tap bilateral cooperation potential, said Xie Fuzhan, president of Chinese Academy of Social Sciences CASS in a speech delivered at the seminar. When it comes to the future of globalization, Agostino Giovagnoli, Executive Board member of Italy's Luigi Sturzo Institute ILS said We cannot talk about contemporary Italy -- as for any country in the world -- without talking about the globalization process in which China is playing an increasing role. A common vision is indispensable to the development of stable bilateral relations and mutually-beneficial cooperation, according to Giovagnoli. Great importance has also been attached to the cultural globalization.
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