China and the EU: 50 Years of Friendship and Trade ππ€π
Hey there! Did you know that China and the European Union (EU) have been friends for 50 years? π That’s half a century of working together and building a strong partnership!
From Small Beginnings to Big Trade πΌ
Way back in 1975, China and the EU started trading with each other. At that time, the trade volume was just $2.4 billion. Fast forward to 2024, and that number has grown to an amazing $785.8 billion! π²π
So, what makes their partnership so special? Well, China is really good at making things in factories and creating new digital technologies. On the other hand, the EU has lots of high-tech industries and is great at innovation. When they work together, they can do awesome things! π
Working Together on Green Energy π³β‘
Both China and the EU care about the environment. That’s why they’ve been investing in green energy projects together. For example, a big company from Europe called BASF is building a $10 billion chemical complex in China’s Guangdong Province. Also, car companies like Volkswagen are working with Chinese electric car makers to create new electric vehicles! ππ
Chinese companies are also helping Europe go green. A company named CATL is building a huge factory in Hungary to make batteries for electric cars. This helps reduce pollution and makes our planet happier! πβ€οΈ
A Superfast Train Connecting Asia and Europe ππ
Imagine a train that can carry toys, electronics, clothes, and more from China all the way to Europe faster than a ship! That’s the China-Europe Railway Express. Since it started in 2011, it has made over 100,000 trips! In 2024 alone, the trains made 17,000 journeys, helping goods reach their destinations 30% faster than by sea. Plus, it’s better for the environment! πΏ
Looking to the Future π
The Chinese Foreign Minister, Wang Yi, said that China and the EU working together is even more important now than before. Together, they make up over one-third of the world’s economy! That’s a lot! π€
When countries work together, everyone can have a brighter future. So here’s to many more years of friendship between China and the EU! π₯³
Reference(s):
China, EU mark 50 years of ties with robust economic partnership
cgtn.com