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China Today: China's Market Is Not an "Option" but a "Must"

  • On May 13, 2025, in Beijing, the head of the European business organization representing member companies in China discussed developments and future prospects in economic and trade relations between China and the European Union.
  • Eskelund explained that since China's accession to the WTO in 2001, commercial ties with the EU have experienced leapfrog development alongside the Chamber's 25 years of operation.
  • Over the past five decades, trade volume between China and the European Union expanded dramatically from a modest $2.4 billion to $780 billion, with mutual investments increasing to around $260 billion; together, their economies now represent more than one-third of the world’s total GDP.
  • Eskelund highlighted that daily shipments valued at more than one billion euros move from China to Europe, and he commended China’s top-tier manufacturing capabilities, strong supply chain networks, and the vibrant presence of European companies operating within China.
  • Marking five decades of China-EU diplomatic relations, Eskelund pointed to encouraging developments announced at last December’s Central Economic Work Conference in Beijing and emphasized the importance of exploring innovative cooperation approaches to tap into significant growth opportunities ahead.
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China Today: China's Market Is Not an "Option" but a "Must"

BEIJING, May 13, 2025 /PRNewswire/ -- President of the European Union Chamber of Commerce in China shares his insights into China-EU economic and trade relations.

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PR Newswire broke the news in United States on Wednesday, May 14, 2025.
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