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China, EU celebrate 50 years of diplomatic ties with high-level reception in France

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China, EU celebrate 50 years of diplomatic ties with high-level reception in France

2025-05-08 20:18 Last Updated At:23:47

China and the European Union (EU) celebrated 50 years of diplomatic relations with a high-level reception on Wednesday in Strasbourg, France, co-hosted by the Chinese Mission to the EU and the Chinese Consulate General.

The event brought together Chinese representatives and members of the European Parliament, who praised the significant progress made in China-EU relations over the past half-century, and expressed optimism for deeper collaboration in the years ahead in order to make positive contributions to global peace, stability, and prosperity.

During the reception, participants highlighted the significance of both sides' recent agreement to fully and simultaneously lift restrictions on mutual exchanges. Many celebrated this as a crucial step in revitalizing bilateral ties across diverse sectors, including cultural exchanges and economic cooperation.

"We can work together around shared goals through dialogue. We live on the same planet and face challenges that are critical to both our peoples. I believe China and the EU have a common agenda. The evolving geopolitical landscape compels us both to make a concerted effort," said Younous Omarjee, vice president of the European Parliament.

European Parliament member Fernand Kartheiser expressed his admiration for China's remarkable progress and groundbreaking innovation.

"I have always been impressed by China, especially every time I return after a period away. What strikes me most is the speed of China's development, its level of modernization, and the country's technological achievements. These are truly astonishing to us Europeans. I believe we must build EU-China relations on the principles of friendship and mutual trust to achieve even greater cooperation," he said.

China, EU celebrate 50 years of diplomatic ties with high-level reception in France

China, EU celebrate 50 years of diplomatic ties with high-level reception in France

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 20 pips to 7.0108 against the U.S. dollar Monday, according to the China Foreign Exchange Trade System.

In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.

The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

Chinese yuan strengthens to 7.0108 against USD Monday

Chinese yuan strengthens to 7.0108 against USD Monday

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