European Council President Antonio Costa and European Commission President Ursula von der Leyen touched down in Beijing early Thursday, marking the start of the 25th China-EU Summit. The high-profile meeting, held against a backdrop of shifting global trade dynamics and geopolitical tensions, aims to address critical issues ranging from economic cooperation to climate action.
Analysts suggest the summit could pave the way for renewed dialogue on balancing trade deficits, advancing green technology partnerships, and navigating disputes over electric vehicle subsidies. With the EU being China's second-largest trading partner, discussions are expected to focus on stabilizing supply chains and fostering innovation in renewable energy sectors.
Business leaders across Asia and Europe are closely monitoring outcomes, particularly regarding market access and investment frameworks. Meanwhile, academics highlight the summit's potential to shape multilateral approaches to global challenges, including AI governance and regional security.
For the Asian diaspora and cultural enthusiasts, the event also underscores Beijing's role as a hub for international diplomacy, with side events showcasing Sino-European cultural exchanges ahead of the 2024 EU-China Year of Cultural Cooperation.
