China, Europe predict new momentum in trade ties
By Chen Liubing |
chinadaily.com.cn |
Updated: 2021-01-14 14:27
The China-Europe freight train connecting Wuhan and Belgrade pulls out from the Wujiashan station on May 9, 2020. [Photo/Xinhua]
China has become the largest trading partner of the European Union, with trade volume between the two sides increasing 5.3 percent to 4.5 trillion yuan ($695.50 billion) in 2020, according to the latest customs data released on Thursday.
The deepening economic and trade cooperation between China and the Europe has boosted economic ties, and will give a strong boost to world economic recovery in the post-pandemic era, a People's Daily report said.