In the Western world, Italy has long been regarded as a relatively understated country, with people's impressions of Italy often limited to luxury brands such as Gucci and Armani.
However, the reality is that Italy ranks tenth globally in terms of total GDP and possesses four top-notch technologies, surpassing the United States in some fields, making it a country with formidable economic strength.
Italy also holds a significant position in the automotive industry.
As the fourth largest economy in Europe and the eighth largest in the world, Italy leads in areas such as mechanical manufacturing, automobile manufacturing, biomedicine, and aerospace.
Although Italian cars may not have high global sales volumes, its sports car industry ranks among the world's best.
Italy has a long history of manufacturing automotive components, particularly excelling in areas such as tires, precision machinery, and gears, which are globally leading.
Many luxury car brands, such as Lamborghini, Ferrari, and Maserati, originate from Italy, and Italian sports cars are highly regarded for their unique supercar culture.
Italy's pharmaceutical industry is also one of its important pillars.
By 2024, Italy's pharmaceutical market had reached $37.7 billion, projected to reach $44.8 billion by 2029.
Italy is a traditional powerhouse in European biopharmaceutical manufacturing, boasting unique technology and a vast research and development system.
In areas such as combating cancer and mental illness, Italy's pharmaceutical technology and products are globally leading.
Furthermore, Italy has 80 universities, 125 public research centers, and 36 private research centers, providing strong support for the development of its pharmaceutical industry.
Italy has also excelled in high-end cable technology.
The Prysmian Group is a global leader in the energy and communication cable industry, headquartered in Milan.
The group is at the forefront of cable technology, supporting aerospace and aviation technologies in many countries.
In addition, Italy's leather manufacturing industry is globally renowned.
Italian leather products are highly popular in the global market, especially in the fields of high-end shoes, handbags, etc.
Italy's leather production accounts for 62% of the EU's and 27.8% of global exports. Italian leather is known for its high quality and luxury, often referred to as "breathable leather."
Finally, Italy's tourism industry is also one of its important economic pillars.
Italy boasts many famous tourist cities such as Rome, Venice, Milan, among which Rome is a world-renowned historical city with numerous historical landmarks.
Overall, Italy's strength on a global scale is formidable, with significant influence in economic, technological, and cultural domains.
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