China has become the largest trading partner of the European Union. What do you think of when you mention the EU?

China has become the largest trading partner of the European Union. When I mention the European Union, I think of many things. The most recent thing is Britain's withdrawal from the EU. Since the reform and opening up, the EU has gradually become a very important economic and trade partner of China. As the largest developing country and the most successful economic integration organization in the world, China-EU cooperation is particularly important.

Economic exchanges between China and Europe have a long history. According to historical records, the two sides exchanged goods shortly after the Silk Road. After the Yuan Dynasty, with Kyle? European envoys such as Polo and Matteo Ricci traveled between Europe and China, and the formal business contacts between the two sides became more and more frequent. Then came the period of capital expansion of western imperialist forces, which made everyone in China feel ashamed. European colonists began to split China's territory and plunder China's wealth. It was not until 1949 that the new China was founded that the economic and trade exchanges between China and Europe developed from inequality to equality. At present, China-EU cooperation in trade, investment, science and technology has entered a period of stable and sustainable development. In addition, China-EU economic and trade relations have developed well in terms of the complementarity of trade structure, the quality and structure of foreign direct investment and the quality and level of technology imported from China.

China and EU are complementary in industrial structure and distribution of trade products, and their division of labor is mainly vertical. The proportion of low-tech products such as textiles, clothing, leather and shoes in the EU's export product structure is declining, while information technology products are rising. At present, China is more competitive in the export of high-tech products than many developed countries, but they are all labor-intensive products. In many capital-intensive industries and high-tech industries, China must also rely on imports from developed countries. The two countries are complementary in industrial structure, comparative advantage and market structure.

International cooperation is universal, which is reflected in the rapid development of international cooperation in various fields, especially in the economic field. The depth and breadth of international cooperation have been greatly strengthened and expanded, international political cooperation has also made great progress, and international military, scientific and cultural cooperation has advanced by leaps and bounds. China-EU cooperation started in the economic and trade field and has a long history. The formal establishment of diplomatic relations between China and Europe, the steady development of bilateral relations, the strategic turning point and all-round development of China-EU relations, and the new era of China-EU economic and trade relations under the background of the world financial crisis have always been important components of bilateral relations. After more than 30 years of development, China-EU economic and trade relations have become increasingly mature and the areas of cooperation have been continuously expanded. In the economic and trade field, China and Europe have strong complementary interests. In the specific process of cooperation, China and Europe have achieved mutual benefit and win-win results.