From strength to strength: 40 years of EU-China trade relations
On 6th May, 2015, the European Union (EU) and the People’s Republic of China (PRC) celebrated 40 years of diplomatic relations.
On 6th May, 2015, the European Union (EU) and the People’s Republic of China (PRC) celebrated 40 years of diplomatic relations.
Trade has been the cornerstone of the relationship between the European Union (EU) and China since diplomatic ties were first established in 1975.
This year is very significant for EU-China bilateral relations as it has been 40 years since their establishment on 6th May, 1975.
Relations between the European Union and China have made significant advances in recent months.
After the recent period of EU-China trade friction, trade relations between the two regions are now on a more even keel.
Launched in 2004, the EU-China Trade Project (EUCTP), is the largest trade and investment-related cooperation project with China.
Europe is China’s largest trading partner, and China is now the EU’s second largest; trade between the two regions has doubled over the last decade to more than EUR 1 billion a day. President Xi Jinping’s recent visit to Brussels was a game-changing event. It…
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