Chinese President Xi Jinping met with President of the European Council Charles Michel and President of the European Commission Ursula von der Leyen in Beijing on Thursday. This meeting signifies the commitment of both China and the European Union (EU) to strengthen their strategic partnership amid a complex global landscape.
Over the past five decades, China and the EU have built a robust relationship, with bilateral trade growing from $2.4 billion to $780 billion and investments reaching nearly $260 billion. This deep economic interdependence highlights the mutual benefits of cooperation between the two sides.
President Xi emphasized the importance of keeping the bilateral relationship on the right track. He stated that China and the EU should respect each other, seek common ground while reserving differences, and pursue mutual benefit. He expressed hope that both sides would work together to usher in an even brighter next 50 years.
Beyond trade, China and the EU share common interests in addressing global challenges such as climate change, public health, and technological innovation. Their cooperation in these areas not only brings tangible benefits but also demonstrates leadership within the international community.
The China-Europe freight train services exemplify the prospering trade relations. Last year, the 100,000th freight train reached Duisburg, Germany, highlighting the importance and growing impact of this cross-continental connection.
Despite differences in political values and occasional trade tensions, both China and the EU recognize the need for open and constructive dialogue. President Xi underscored the importance of strengthening communication and enhancing trust, especially in a more challenging and complex international situation.
The meeting reaffirmed that cooperation between China and the EU is essential for global stability and prosperity. As both sides navigate a world marked by escalating protectionism and shifting alliances, their partnership offers a stabilizing force in international affairs.
China and the EU stand at a pivotal crossroads. Their commitment to dialogue and cooperation demonstrates a shared vision for a more stable and prosperous world.
