Beijing hopes the bloc can become” a trustworthy partner for cooperation” as President Xi Jinping told European Council President Antonio Costa on Tuesday ( Jan 14 ). China and the European Union have a strong” symbiotic” economic relationship.
China and Europe is “advance assistance and achieve great things,” Xi was reportedly quoted by state broadcaster CCTV as saying in a phone call with Costa. As long as they respect one another, treat each other as equals, and engage in earnest dialogue.
Following Donald Trump’s shouting in as the next US president on January 20, Xi made the remarks as the country’s second-largest economy prepared to face looming US tariff increases on Chinese goods.
China and Europe may strengthen corporate communication and foster reciprocity as the world’s situation becomes more complex and complicated, according to Xi.
According to Xi, economic and trade cooperation between the two countries is comparable and useful, and it should open up new opportunities for expanding cooperation.
China and the EU are still at odds with one another over the author’s taxes on Chinese energy vehicles, while China and the US have been trading thorns and tit-for-trade measures to stymie the export of technology and crucial elements to each other.
The Biden Administration announced earlier this week that it would limit exports of artificial intelligence technology, keeping a ban on imports to nations like China.
The partnership on Tuesday called on the global tech sector to oppose the Biden Administration’s “technological hegemony,” while China’s business department and the transistor business association have criticized the new US rules.