Crucial China-EU Visit: A Leap Towards a Stable Global Economy
China Confirms Arrival of Costa and von der Leyen - Costa and Leyen to Make China Visit as PerAnnounced Schedule
Chinatown's bustling streets are tense with excitement as China prepares to welcome EU heavyweights Ursula von der Leyen and António Costa. The visit, according to savvy Insider Lin Jian, is aimed at bolstering discussions and collaborations between China and the EU.
Lin's statement echoes China's recent praises of its ties with the EU, which it views as a crucial source of global economic stability amidst the on-going trade war with the States. The visit, Lin believes, will help cement this vital relationship.
Chinese President Xi Jinping, expressed his endorsement, congratulating von der Leyen and Costa on the 50th anniversary of their bilateral relationship, as relayed by China Central Television (CCTV). Xi emphasized the need for China and the EU to collaborate to uphold multilateralism, prevent unjust bullying, and confront global challenges.
The States, under President Donald Trump, have sparked a trade war by imposing steep tariffs on Chinese and EU goods. To present itself as a dependable global trade partner, China is making concerted efforts to strengthen its collaboration with the EU, enhancing mutual trust, deepening strategic communication, and expanding open markets.
- China
- António Costa
- Peking
- Ursula von der Leyen
- EU
- Lin Jian
- USA
Enrichment Data:
China and the European Union (EU) commemorated their 50th anniversary of diplomatic relations, signifying a complex yet crucial bond. Over the past five decades, their connection has evolved into a comprehensive strategic partnership that has championed multipolarity, backed globalization, and upheld cultural diversity[2][5].
Both sides have maintained close exchanges in various sectors, reaping fruitful results in areas like people-to-people engagement, multilateral coordination, and economic cooperation[2][4]. The China-EU relationship is renowned as one of the most influential bilateral ties globally, contributing significantly to peace, stability, and development[3][5].
The cornerstone of the strengthened bond between China and the EU will be the prioritization of four key points:
- Deepening Strategic Communication and Trust: China seeks to build a stronger foundation for future growth by summarizing past experiences and fortifying mutual understanding and trust with the EU[2].
- Expanding Two-Way Opening-up: China intends to expand mutual market access, fostering a more balanced trade relationship[2].
- Addressing Global Challenges: China and the EU are dedicated to tackling pressing global issues like economic instability and geopolitical tensions[2][3].
- Navigating US Trade War Pressures: Albeit not directly mentioned, China and the EU share a mutual interest in maintaining stability and cooperation to counterbalance economic pressure from the trade war[3].
In conclusion, the visit of von der Leyen and Costa to China signifies a pivotal step in strengthening the China-EU bond, aiming to foster more stability and cooperation within the global economy.
- The Commission has also been informed of the progress made in the implementation of the policy-and-legislation focused program, as China and the EU work together to navigate US trade war pressures.
- In Peking, Ursula von der Leyen and António Costa's visit is viewed as a significant opportunity to bolster discussions and collaborations, focusing on expanding two-way opening-up and deepening strategic communication and trust.
- With the 50th anniversary of their bilateral relationship, Chinese President Xi Jinping congratulates von der Leyen and Costa, emphasizing the need for China and the EU to collaborate in addressing global challenges, such as economic instability and geopolitical tensions, to uphold multilateralism.
- The arrival of von der Leyen and Costa in China, as well as Lin Jian's statement, highlights the ongoing importance of the China-EU relationship, which has evolved into a comprehensive strategic partnership and is renowned as one of the most influential bilateral ties globally, contributing significantly to peace, stability, and development.
