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Chinese President Xi Jinping met with European Union leaders during their visit to Beijing for the 25th China-EU Summit on Thursday. CGTN published an article exploring China-EU relations in two-way trade and investment, emphasizing the need for both sides to embrace multilateralism, openness and cooperation to bring greater stability and certainty to the world.
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BEIJING, July 26, 2025 (GLOBE NEWSWIRE) — Fifty years ago, China-Europe trade was a trickle. Now, as the two sides mark half a century of ties, a single day’s trade equals what they exchanged in the entire year when relations were first established.
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Noting that this year marks the 50th anniversary of diplomatic ties between China and the European Union, Chinese President Xi Jinping said on Thursday that China-EU relations have come to another critical juncture in history.
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There are no fundamental conflicts of interest or geopolitical contradictions between China and the EU, Xi told European Council President Antonio Costa and European Commission President Ursula von der Leyen at the Great Hall of the People in Beijing.
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“The current challenges facing the EU do not come from China,” he said, adding that the fundamentals and prevailing trend of China-EU relations featuring cooperation over competition and consensus over differences have remained constant.
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Xi put forward three proposals for the future of China-EU relations: both sides should uphold mutual respect and consolidate the positioning of their relations as partnership, embrace openness and cooperation while properly managing differences and frictions, and practice multilateralism and uphold international rules and order.
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Trade and investment
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At Thursday’s meeting, the Chinese president said the China-EU economic and trade relationship is by nature complementary and mutually beneficial and can indeed achieve dynamic equilibrium through development.
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China’s high-quality development and opening up will provide new opportunities and potentials for China-EU cooperation, Xi noted, calling on both sides to strengthen green and digital partnership and boost mutual investment and cooperation.
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In 2024, trade between China and the EU soared to $785.8 billion, an increase of over 300 times compared to when diplomatic relations began in 1975, according to China’s customs authorities.
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Two-way investment flows have also shown sustained growth in recent years, indicating a positive trend. Chinese battery manufacturer CALB, for instance, is building a $2.2-billion plant in Sines, Portugal, expected to create 1,800 jobs.
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Xi expressed hope that the EU can remain open in the trade and investment market, refrain from using restrictive economic and trade tools, and foster a sound business environment for Chinese enterprises investing and operating in the EU.
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