The EU-China relationship has emerged as a crucial factor in shaping the multipolar world order, with both sides seeking to strengthen ties and address global challenges. European Commission President Ursula von der Leyen has acknowledged the significance of China's deepening relations with Russia, stating that it is now the "determining" factor in EU-Russia relations.
In a recent summit in Beijing, China agreed to speed up exports of rare earth minerals to the EU, a move that Brussels sees as a positive step towards strengthening economic ties. This development has also raised concerns about China's growing influence over Russia, which has allowed Moscow's economy to weather Western sanctions imposed after its 2022 invasion.
Chinese President Xi Jinping emphasized the need for China and the EU to demonstrate vision and leadership in navigating a rapidly changing world. He stressed the importance of strengthening communication, trust, and cooperation between the two entities, which are key constructive forces in multilateralism and openness. The EU and China have shared interests in areas such as electric vehicles and market access, with both sides seeking to capitalize on their partnership.
As the EU and China work towards a more stable and certain global order, they share a responsibility to maintain a rules-based international system and address global issues together. Xi urged both sides to propel their bilateral relationship into an even brighter future over the next 50 years, highlighting the importance of steady and sound relations between the two entities.