Analysis: China-EU relations pose significant global impact

Contributing sentiments towards policy:

68% : The conclusion of the EU Summit in June 2023 emphasized that the EU and China will continue to be important trade and economic partners.
61% : This year marks the 20th anniversary of the establishment of the comprehensive strategic partnership between China and the EU.
60% : In this regard, the leaders of the EU and its major member states have clear understanding.
60% : Strengthening communication and consultation between China and the EU is crucial for realizing a ceasefire, promoting to resolve the conflicts through political negotiations, and maintaining world peace.
58% : From 2020 to 2022, in the context of the COVID-19 pandemic, trade between China and the EU achieved a counter-trend growth.
58% : In addition, both China and the EU have proposed carbon neutrality goals, and are working together to promote green transformation.
56% : China is the largest developing country, while the EU is a collection of developed countries, with their combined GDP accounting for 34 percent of the world's total in 2022.
54% : In 2022, China and the EU were each other's second largest trading partners.
53% : On June 20, the EU released its Economic Security Strategy, which was considered a new lever to achieve "de-risking" towards China.
52% : Therefore, maintaining and deepening economic and trade exchanges between China and the EU is not only conducive to promoting their respective economic recovery, but will also help the world economy to overcome the downturn as soon as possible.
51% : As of the end of 2022, the stock of bilateral investment between the two sides had exceeded $230 billion, of which China's direct investment stock in the EU exceeded $100 billion.
51% : Since the end of 2022, there have been frequent visits and interactions between high-level leaders of China and the EU, and the political relationship between both sides has clearly rebounded after experiencing a three-year trough.
51% : The new developments indicate that although there is a gap in views between China and the EU on bilateral relations, both sides have strong desires to strengthen dialogue and cooperation and are committed to establishing and improving mechanisms of communications, aiming to effectively control differences and contradictions.
46% : However, it should be noted that there is no fundamental political interest conflict between China and the EU.
43% : Recently, the decision of the European Commission to start anti-subsidy probe into electric vehicle imports from China has caused concerns from China.
41% : The EU will continue to reduce critical dependencies and vulnerabilities but does not intend to decouple from China.

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