China and the European Union are set to deepen their economic partnership as they convene for the 25th China-EU Summit in Beijing this Thursday. Celebrating half a century of diplomatic relations, both sides are poised to discuss ways to further enhance one of the world’s most significant bilateral relationships.
Since establishing diplomatic ties in 1975, trade between China and the EU has surged exponentially. Bilateral trade volumes skyrocketed from a modest $2.4 billion in 1975 to an impressive $785.8 billion in 2024. This remarkable growth underscores the importance of their economic collaboration on the global stage.
A key catalyst in boosting trade efficiency has been the China-Europe Railway Express. With over 110,000 trips completed to date, the railway has become a vital artery connecting markets across continents, reducing transit times and costs for businesses on both sides.
The upcoming summit aims to build on these successes, exploring new avenues for cooperation in areas such as technology, sustainable development, and infrastructure. As global economic dynamics evolve, the strengthened partnership between China and the EU holds significant promise for continued growth and mutual prosperity.
