Thriving on Shared Goals and Complementary Strengths

Green cooperation between China and the European Union is anticipated to flourish, according to business leaders and observers. This growth is fueled by shared climate objectives and complementary strengths. China provides manufacturing expertise and clean technology solutions, while Europe offers market access, strong demand, innovation ecosystems, and regulatory frameworks that support green growth.

The increasing demand in Europe for green mobility solutions has created significant market opportunities. For example, an electric scooter manufacturer in Suzhou, Jiangsu province, recently shipped thousands of electric scooters to the Netherlands. The company has exported a substantial number of electric scooters, primarily to France, Sweden, and the Netherlands, in the first five months of this year.

Chinese companies are not only exporting environment-friendly products to European countries but are also expanding their investments within Europe. These investments include advanced battery plants, electric vehicle factories, and eco-friendly home appliance manufacturing bases in countries like Hungary, Serbia, Portugal, and Germany. These projects demonstrate China's commitment to supporting Europe's green transition and promoting sustainable development.

Furthermore, Chinese investments are creating jobs and strengthening the integration of industrial chains in host countries. These investments have fostered deeper industrial and technological collaboration between Chinese and European companies.

European companies are also becoming more involved in the green economy, encouraged by the Chinese market. One example is a French industrial conglomerate that is supporting key consumer industries with digital solutions and services. These solutions enable businesses to save energy, enhance efficiency, and improve product traceability, intelligence, and safety.