On 18 February 1928,
Pope Pius XI appointed Balconi the
Vicar Apostolic of
Hanzhong and the
Titular Bishop of
Mylasa. On 17 May, he was ordained to the episcopacy by Bishop
Flaminio Belotti. In March 1934, he resigned the office of vicar apostolic, and assumed in a ceremony in
Hong Kong the position of Superior General of the Pontifical Institute for Foreign Missions, being appointed by Pius XI. He returned to Italy to direct PIME, and assumed the responsibility of founding the
Missionaries of the Immaculate Conception. In his later years, he followed the activities of the order, and died in Milan on 10 April 1969. == References ==