Chinese language President Xi Jinping hosted European Council President António Costa and European Fee President Ursula von der Leyen in Beijing on Thursday, kicking off an EU-China summit aimed toward recalibrating strained ties.
State broadcaster CCTV quoted Xi as saying China and the EU should act with foresight amid world instability and make strategic decisions, whereas strengthening cooperation and mutual belief.
The summit coincides with the fiftieth anniversary of EU-China diplomatic relations. Key subjects embody China’s stance on Russia’s warfare in Ukraine and mounting commerce tensions.
“This Summit is the chance to each advance and rebalance our relationship,” von der Leyen posted on social media platform X after arriving in Beijing.
Regardless of being one another’s second-largest buying and selling companions, ties have grow to be more and more fraught. Brussels is alarmed by a report commerce deficit of over €300 billion ($353 billion) within the final 12 months and China’s export controls on crucial uncommon earths utilized in electrical motors and sensors.
Forward of the summit, Costa and von der Leyen visited Tokyo on Wednesday to deepen cooperation with Japan. The EU and Japan pledged to construct a “competitiveness alliance,” together with elevated commerce and joint efforts to strengthen uncommon earth provide chains.
