Sanchez Visits China: Strengthens Ties Amid EU Trade Tensions, Focuses on Green Development and High-Tech Collaboration

September 10, 2024
Sanchez Visits China: Strengthens Ties Amid EU Trade Tensions, Focuses on Green Development and High-Tech Collaboration
  • Spanish Prime Minister Pedro Sanchez is currently visiting China to strengthen bilateral ties amid ongoing trade tensions between Beijing and the European Union.

  • During the visit, several cooperative agreements were signed, focusing on green development, which highlights the potential for further collaboration between the two nations.

  • Chinese President Xi Jinping expressed appreciation for Spain's efforts to promote exchanges between China and the EU, emphasizing the necessity for a stable relationship.

  • Sanchez reiterated Spain's commitment to multilateralism and free trade, stressing the importance of international cooperation to address global challenges like climate change and conflict.

  • In addition to trade discussions, both leaders addressed global issues such as the Ukraine crisis and the Palestine-Israel conflict, advocating for multilateralism and free trade.

  • He also expressed hope that the EU could avoid a trade war with China, as Brussels is considering imposing tariffs on Chinese-made electric vehicles.

  • China is currently leading in the production of small electric cars, and tariffs against these imports could negatively impact European markets, particularly luxury vehicle exports to China.

  • Sanchez emphasized the need to build fair trade relationships and the importance of resolving disputes through negotiation.

  • Xi called for collaboration in high-tech fields, particularly in artificial intelligence, the digital economy, and new energy, to deepen commercial ties with Spain.

  • This visit is part of China's broader diplomatic focus on enhancing relations with the EU, marked by frequent high-level exchanges this year.

  • The visit coincides with significant anniversaries, including the 20th anniversary of the comprehensive strategic partnership between China and Spain and the 50th anniversary of diplomatic relations between China and the EU.

  • Both leaders acknowledged the need for cultural exchanges and cooperation in education, tourism, and youth programs, recognizing the value of these initiatives in strengthening ties.

Summary based on 20 sources


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