Chinese President Xi Jinping is embarking on state visits to France, Serbia, and Hungary upon the invitation of their leaders, marking a significant milestone in China-Europe relations. Over the past six decades since diplomatic ties were established, the economic partnership between China and France has flourished remarkably.
Bilateral trade between the two nations has surged by 800 times, reaching $78.9 billion in 2023. This exponential growth positions France as China’s third-largest trading partner within the European Union, underscoring the deepening economic bonds between the two countries.
\”The China-France relationship has always been a cornerstone in China-EU relations,\” said Cui Hongjian, director of the Department for European Studies at the China Institute of International Studies. \”Their cooperation sets a precedent and often guides the broader dynamics between China and Europe.\”
The strengthening of economic ties is evident in various sectors, including renewable energy, where collaboration has yielded substantial benefits. Zhuang Yan, president of CSI Solar, highlighted the mutual advantages of this partnership. \”Our joint efforts in developing sustainable energy solutions not only contribute to both economies but also address global environmental challenges,\” he remarked.
President Xi’s visits are expected to further enhance strategic cooperation, promote mutual understanding, and explore new avenues for bilateral collaboration. The engagements signal a continued commitment to fostering a stable and prosperous relationship that not only benefits the two nations but also contributes to global economic growth.
As China and France celebrate 60 years of diplomatic relations, the enduring partnership serves as a guiding force in shaping China’s broader engagement with Europe. The ongoing cooperation and dialogue between China and European countries like France, Serbia, and Hungary signify a shared vision for future development and international collaboration.
Reference(s):
cgtn.com
