China and the European Union are taking their industrial collaboration to new heights, showcasing a deepening integration that signifies a phase of “interdependence and mutual integration”. As major trading partners, their cooperation is reshaping global industrial chains in significant ways.
One clear example of this collaboration is the Contemporary Amperex Technology Co. Limited (CATL) investment in Hungary. CATL, a leading Chinese battery manufacturer, is establishing a factory in Hungary, which not only boosts the local economy but also enhances Europe’s electric vehicle industry by providing essential components.
Similarly, the localization of the Airbus A320 series in Tianjin, China, highlights the mutual benefits of industrial cooperation. By producing these aircraft in China, Airbus strengthens its presence in the Asian market, while China gains access to advanced aerospace technology and expertise.
Moreover, the China-Europe freight trains have reduced delivery times, making trade more efficient and beneficial for both sides. These trains have become vital links connecting multiple cities across China and Europe, facilitating the smooth flow of goods and contributing to the stability of global supply chains.
These developments underscore how China-EU industrial collaboration is evolving. The intertwining of their industrial chains reflects a commitment to shared growth and prosperity. For young people in the Global South, this partnership serves as an example of how international cooperation can drive innovation, create jobs, and foster economic development.
