China and Europe Celebrate 50 Years of Diplomatic Relations, Pledge to Strengthen Ties and Promote Win-Win Cooperation

Strategic Insights -

Over the past 50 years, China and Europe have developed a strong and mutually beneficial partnership, with trade volume increasing from $2.4 billion to $780 billion and investment growing from almost zero to nearly $260 billion. The two sides have established a hard-won partnership, with economic aggregates exceeding one-third of the world's total. Chinese and European leaders are committed to maintaining bilateral relations, fostering mutual respect, and seeking common ground while reserving differences.

Key Takeaways:

  • China-Europe trade volume has increased from $2.4 billion to $780 billion over the past 50 years, with investment growing from almost zero to nearly $260 billion.
  • The cumulative number of China-Europe trains has exceeded 100,000, reaching 227 cities in 25 European countries and more than 100 cities in 11 Asian countries.
  • China's electromechanical products, daily chemicals, etc. meet the diverse needs of EU consumers, and EU automobiles and machinery products provide strong support for China's industrial upgrading and economic development.
  • China-Europe scientific and technological and cultural cooperation is booming, with the two sides' cooperation in cutting-edge technologies such as artificial intelligence, new energy, biomedicine, and aerospace deepening.
  • China and Europe have established a hard-won partnership over the past 50 years, with mutual respect being the magic weapon to maintain bilateral relations.
  • China and Europe are friends who seek common ground while reserving differences, and there is no fundamental conflict of interest between the two sides.
  • The EU has a trade surplus in services with China, with a surplus of up to $50.358 billion in 2024.
  • China has always insisted on promoting high-level opening up, with the overall tariff level reduced to 7.3% in 2024.

Statistics:

  • 50 years of China-Europe diplomatic relations
  • $2.4 billion to $780 billion: China-Europe trade volume growth
  • $260 billion: China-Europe investment growth
  • 100,000: Cumulative number of China-Europe trains
  • 227 cities: China-Europe trains reach in 25 European countries
  • 110 cities: China-Europe trains reach in 11 Asian countries
  • $7.3%: Overall tariff level in China in 2024
  • $50.358 billion: EU trade surplus in services with China in 2024

Sources:

  • Ministry of Foreign Affairs of the People's Republic of China (original press release)
  • "Daily News" (Portuguese mainstream media)