The Economy of Milan, Italy

Milan is the hub of a great network of railroads and highways that serve its industries and commerce. The city's industries are highly diversified and include such metalworking manufactures as aircraft, locomotives, and railroad equipment; automobiles, trucks, motorcycles, motor scooters, and bicycles; turbines and diesel engines; and agricultural machinery. The textile and clothing industries play a leading part in Milan's economy. Silk is still an important product of the region.
 
Italy's manufacture of chemicals, pharmaceuticals, plastics, and artificial fibers is centered in Milan. Leather, processed wood and paper, food, and rubber are all products of its factories. The publishing, graphics, and printing industries have deep roots in Milan.
 
The city is an active market center for the rich agricultural region that surrounds it. It also serves as a wholesale market in various products for both domestic and international trade. Its annual trade fair, held in April, draws thousands of exhibitors and millions of visitors. Milan is, as well, one of the great financial capitals of Europe and has the largest stock exchange in Italy.

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