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New era calls for stronger China-EU
Chinese Vice Premier Li Keqiang
is slated to visit Spain, Germany and Britain from Jan. 4 through
At a moment when the world economy gradually rides out the aftershocks
of the latest international financial crisis but the recovery
remains fragile, Li's three-EU-nation trip will not only deepen
the China-EU comprehensive strategic partnership and promote
their cooperation in various fields, but cast a positive influence
upon global economic recovery and development.
Since China and the European Union (EU) forged diplomatic ties
35 years ago, their relations have stridden from a "constructive
partnership" to a "comprehensive partnership" and
to the current "comprehensive strategic partnership."
As the world heads into the second decade of the 21st century,
China and the EU should carry on their cooperation, jointly overcome
the fallout of the financial wipeout and help steer the world
economy toward a robust, sustainable and balanced growth.
In the wake of the sweeping global financial storm and the ensuing
eurozone debt crisis, China and the 27-member bloc, as two globally
significant economies, should make full use of bilateral mechanisms
and multilateral frameworks to better coordinate their macroeconomic
policy-making, jointly confront protectionism and counter challenges
and concertedly help the world economy achieve a sustainable
recovery as soon as possible.
Meanwhile, the two sides should further boost their cooperation.
As an important ingredient of the China-EU comprehensive strategic
partnership, China-EU economic cooperation and trade have brought
tangible benefits to both sides. The EU has for years been China's
largest trading partner and largest destination of exports, and
China the EU's second largest trading partner and largest source
In the throes of the international financial crisis, China maintained
a steady and relatively rapid growth, absorbing an increasing
volume of exports from the EU and extending a helping hand to
pull the bruised regional bloc back on track.
Looking into the future, China and the EU see their economies
strongly complementary and boast great potential for cooperation
in innovative technologies, renewable resources, energy conservation
and environmental protection.
Additionally, as two heavy-weight players on the world stage,
China and the EU should cooperate to amend the international
economic and financial systems, improve global economic governance
and guarantee sustainable development and prosperity of the world
The outbreak of the latest international financial crisis fully
exposed the unsustainability of the current international economic
and financial systems. Therefore, China and the EU, both bruised
by the financial storm, should join hands to help create a more
balanced, reasonable, tolerant and orderly international economic
and financial order.
As German ambassador to China Michael Schaefer told Xinhua in
a recent interview, Germany and China can learn from each other
and pursue common development. This is also true between China
and other EU countries.
With the EU being the world's largest developed economy by GDP
and China the world's largest developing country, it is of great
significance for them to strengthen their political mutual trust
and deepen their cooperation, and they face a great prospect
for such efforts.
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