China and Spain have pledged to deepen their comprehensive strategic partnership during high-level talks in Madrid this week, signaling a shared commitment to multilateralism and economic stability in an increasingly polarized world.
20 Years of Strategic Partnership
Chinese Vice President Han Zheng and Spanish Prime Minister Pedro Sanchez marked the 20th anniversary of bilateral diplomatic upgrades during their meeting on Wednesday. Both leaders emphasized plans to strengthen political trust, expand trade cooperation, and coordinate within international frameworks like the UN and WTO.
Economic Anchors in Turbulent Times
Against rising protectionism, Han highlighted China-Europe collaboration as 'essential for global economic stability,' urging joint efforts to maintain free trade. Sanchez echoed this sentiment, stating: 'There are no winners in tariff wars.' The Spanish leader reaffirmed opposition to unilateralism while welcoming Chinese investment in renewable energy and technology sectors.
EU-China Relations at Crossroads
With 2024 marking 50 years of China-EU diplomatic relations, Han called on Spain to help foster 'sound and steady' Europe-China development. Sanchez committed to playing a constructive role, noting China's 'valuable adherence to multilateralism.' The talks concluded with Spain reiterating its adherence to the one-China policy.
Analysts suggest the strengthened partnership could influence broader EU trade policies as Europe navigates geopolitical tensions and economic headwinds.
