Chinese President Xi Jinping is currently on a state visit to France, Serbia, and Hungary, responding to invitations from their respective leaders. This visit highlights the strong economic ties between China and these European nations.
Over the past 60 years, since the establishment of diplomatic relations, the bilateral trade volume between China and France has skyrocketed by 800 times, reaching an impressive $78.9 billion in 2023. This remarkable growth positions France as China's third-largest trading partner within the European Union, underscoring its pivotal role in shaping China-Europe economic relations.
The dynamic partnership between China and France serves as a cornerstone for broader China-EU engagement. Experts believe that this relationship not only drives substantial trade but also fosters collaboration in technology, sustainability, and innovation, influencing the economic landscape across Europe.
In an in-depth discussion, Cui Hongjian, Director and Researcher of the Department for European Studies at CIIS, and Zhuang Yan, President of CSI Solar, provided their insights on the future of China-EU cooperation. They emphasized the importance of strategic alliances and mutual investment in emerging sectors to sustain and enhance this economic bond.
As China continues to expand its global influence, the robust trade relationship with France exemplifies the potential for enduring and mutually beneficial partnerships within the EU, setting the stage for future economic developments.
Reference(s):
cgtn.com
