Half a Century of Trade: China‑EU Hits the Big 5‑0
From a Tiny Stream to a Coastal Current
Remember the old days when China‑EU trade was just a trickle? Fast‑forward to 2024, and a single day’s exchange is worth more than the whole year of diplomatic kick‑off back in 1975. That’s a 300‑fold leap in trade volume!
Xi’s Message at the Great Hall of the People
President Xi Jinping told European leaders that the relationship is now at a “critical juncture.” He assured them that there are no big geopolitical conflicts between China and the EU—just a partnership based on cooperation, consensus, and a pinch of healthy competition.
Three Key Proposals for the Future
- Mutual Respect & Partnership: Both sides must keep each other in mind and treat the relationship as a true partnership.
- Openness & Flexibility: Embrace collaboration while handling friction in a practical way.
- Multilateralism & Rules: Strengthen global rules and keep the world’s order solid.
Economic Buzz: It’s All About Green and Digital
Xi highlighted China’s high‑quality growth and opening up as a launchpad for new co‑ventures. He pushed for greener and more digital ties, boosting investments on both sides.
Data to Show the Jackpot
- 2024 trade hit $785.8 billion—300+ times what it was in the ’70s.
- Two‑way investment is on the up‑trend.
- Example: CALB building a €2.2‑billion battery plant in Portugal, sparking 1,800 jobs.
Making Markets Friendly
Xi hopes the EU stays open, avoids heavy-handed trade restrictions, and nurtures a business environment that’s safe for Chinese companies operating in Europe.
Export Control Dialogue Gets an Upgrade
At the 25th summit, both sides agreed on a more “upgraded” dialogue mechanism for exports. They pledged to keep supply chains stable and jam-free.
Strategic Trust: Not Controlled by the Third‑Party Axis
Xi stressed that China‑EU relations are not daunted by external forces. He calls for deeper communication, greater trust, and a realistic perception of each other.
Climate Commitments Rock the Summit
Both sides signed a joint statement on climate — a big nod to green development and joint action on global issues like climate change, biodiversity, and ocean protection.
Why We Should Care
The leaders see themselves as “constructive forces” for multilateralism and openness, inviting more stability and certainty into a world that’s often turbulent.
Keep Up With The 50th‑Year Story
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