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China-CEEC sci-tech exchange event fosters future-focused collaboration

China

China

China

China-CEEC sci-tech exchange event fosters future-focused collaboration

2025-05-27 11:23 Last Updated At:11:37

Researchers from across Europe and China have gathered in Ningbo, east China's Zhejiang Province, to share insights and imagine the future of global cooperation at the 2025 China-Central and Eastern European Countries (CEEC) Young Science and Technology Talents Exchange.

At the event, Georgi Chankov Georgiev, a professor and Director of the Europe-China Scientific Research Center, highlighted the positive impact of academic exchanges, especially that between European universities and China.

"At academic level, it proceeds smoothly, I would say smoothly. There are a lot of opportunities for academic exchange, joint articles, joint master progress and joint doctoral studies. I try to achieve academical level. The understanding between scholars is much better, much easier. So far I see interest in them in the joint article, scientific articles in joint publications also, if they're successful in joint doctoral program in the near future," he said.

From materials science to microchips, collaboration helps bridge the gap between research and real-world solutions, and platforms like this one are key to keeping that dialog going, he said.

Andrei Radulescu, senior macroeconomist at the Institute for World Economy of the Romanian Academy, stressed that scientific and technology exchange between China and Central and Eastern European countries can help strengthen international economic ties.

"Nowadays, technologies like food, they are universal languages, so in order to intensify relations, economic relations and diplomatic relations all over the world, you need the first of all to start to eat. Food and technology need multilateral rims to be promoted in all the countries in the world, and technology can help to promote a better relations, economic relations among countries and a better future for the world economy," he said.

With global challenges demanding global thinking, initiatives like this exchange serve not only national agendas, but shared futures, he said.

"So we need this kind of top forums in order to bring people, to have people-to-people exchange, to have exchange in terms of research, to have exchange in terms of prospects for the future, in order to build a new world, a better world," said Radulescu.

China-CEEC sci-tech exchange event fosters future-focused collaboration

China-CEEC sci-tech exchange event fosters future-focused collaboration

U.S. stocks and global gold prices plummeted while crude futures surged after U.S. President Donald Trump announced a naval blockade of the Strait of Hormuz on Sunday.

Trump said in a post on Truth Social that the U.S. Navy would begin blocking ships trying to enter or leave the Strait of Hormuz, after peace talks with Iran failed to produce a deal.

U.S. stocks market reacted strongly to his announcement, with futures of Dow Jones Industrial Average, S&P 500 and Nasdaq Composite Index nosediving by over 1 percent.

Meanwhile, global gold prices also tumbled. June gold futures on the New York Mercantile Exchange fell below 4,700 U.S. dollars per ounce, with losses at one point exceeding 2 percent.

The oil prices, on the contrary, rose significantly. As of 6:50 a.m. Beijing time on Monday, the West Texas Intermediate futures for May delivery soared 8.13 percent to settle at 104.42 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude futures for June delivery increased 7.52 percent to settle at 102.36 U.S. dollars a barrel on the London ICE Futures Exchange.

U.S. media reported that the failure of Iran-U.S. peace talks concerns the market, as the war could last longer than expected, which will further push up the oil prices and put more pressure on global economy.

US stocks, gold prices plunge as crude futures surge after Trump announces blockade of Strait of Hormuz

US stocks, gold prices plunge as crude futures surge after Trump announces blockade of Strait of Hormuz

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