Fifty years ago, China-EU ties were just a trickle. Fast forward to 2024, and a single day's trade now equals the entire exchange from when relations first began! 🚀
At the 25th China-EU summit held at the Great Hall of the People in Beijing, Chinese President Xi Jinping delivered an inspiring address on the 50th anniversary of diplomatic ties. His message was clear: China and the EU share more in common than differences, and together they can set a global example of stability and cooperation.
Xi highlighted that there are no fundamental conflicts of interest between China and the EU. Instead, the duo has thrived on mutual respect and collaboration—with trade, investment, and green innovation driving this dynamic relationship forward.
During his remarks, Xi outlined three key proposals for the future of China-EU relations:
- Uphold mutual respect and strengthen the partnership framework.
- Embrace openness and cooperation while managing differences effectively.
- Commit to multilateralism and adhere to established international rules and order.
On the economic front, trade between China and the EU soared to an impressive $785.8 billion in 2024—more than 300 times what was exchanged in 1975! This dramatic growth underscores the complementary and mutually beneficial nature of their economic relationship. 🌱💻
Investment flows have been equally positive. For example, a major Chinese battery manufacturer is constructing a $2.2-billion plant in Sines, Portugal, which is expected to create about 1,800 new jobs.
The summit also produced a joint statement on addressing climate change, reaffirming the shared commitment of both sides to green development and a sustainable future.
This renewed dialogue and strategic cooperation are not only a celebration of 50 years of partnership, but also a promise of continued growth and innovation. Just like a hit remix blending classic beats with fresh sounds, the evolving China-EU relationship is set to inspire global progress!
Reference(s):
Xi calls on China, EU to provide more stability, certainty for world
cgtn.com
