Art collector George Wong and Italian ambassador to China Ettore Francesco Sequi.
In 2014, Wong held a similar show dedicated to Italian art at the same venue.
But the current show, which is larger than the previous one, has many Arte Povera works by emerging artists done in the 1990s and the 2000s. Many of these works were bought by Wong earlier this year.
Arte Povera is an Italian art movement from the late 1960s and 1970s led by artists like Giuseppe Penone, Michelangelo Pistoletto and Mario Merz.
The artists used a wide range of materials to challenge the commercialized art system.
Penone's The Green of the Forest combines a tree trunk with a painting painted by plant pigments. Clothes by Pistoletto uses discarded clothes and mirrors.
Wong, who says he was amazed by Italian art when he started collecting it a few years ago, began with Chinese contemporary art 20 years ago.
But unlike many Chinese billionaires who love to offer big prices for well-known names in art, Wong says he bought only things that he liked.
"I used to think that Chinese contemporary art is amazing when I started collecting it. But when I went to Italy, the art there made a deep impression on me. The art there is deeply integrated with daily life," says Wong.
Gianni Dessi, whose sculptures were displayed in the 2014 show, and are also on show in the current exhibition, represents the '80s art.
His sculpture, Three For You, comprising human heads in bright colors, is very popular. A larger version of the piece, much taller than a person of average height, is displayed outside Wong's mall.
Dessi says the three heads represent his portraits. The colors, red, black and yellow, show his way of expressing his feelings about the world.
"It's a coincidence that there is a red head and another one with a ping pong ball. The elements of red color and ping pong ball are kind of Chinese style," says Dessi, who has visited China to display his works earlier.
Before his first visit to China in 2013, Dessi was interested in Chinese characters. For him, a Chinese character offers many image possibilities.
Among the artists whose works are on show is Marina Paris. A representative of emerging Italian art from the 2000s, Paris is showing her work here for the first time.
Her photos of an abandoned house in Rome are like oil paintings.
