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China-EU relations should be positioned as partnership: FM

China

China

China

China-EU relations should be positioned as partnership: FM

2025-07-04 11:53 Last Updated At:12:37

Chinese Foreign Minister Wang Yi said on Thursday that the positioning of China-EU relations should be that of partnership, the mainstream tone should be cooperation, the key value should be independence, and the development prospects should be win-win.

Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, made the remarks at a joint press conference with German Foreign Minister Johann Wadephul in Berlin.

Wang said that this year marks the 50th anniversary of the establishment of diplomatic relations between China and the EU, which is of historic significance in building on the past and ushering in the future.

China-EU cooperation started from scratch and has grown from strength to strength, and today, the daily trade volume between China and the EU is equivalent to the total annual trade volume in the past, he said.

Wang said that China-EU relations have been continuously elevated, and the two sides have established a comprehensive strategic partnership, noting that the two sides should take the 50th anniversary as an opportunity to comprehensively review and confirm the important experience and insights history has given us.

Both sides should, through this year's high-level exchanges, cherish the painstaking efforts made in the past, carry forward the hard-won spirit of cooperation, and jointly open up a new chapter for the next 50 years of China-EU relations that will be more resilient and independent, more mature and stable, and more visionary and enduring.

Wang pointed out that at present, some people are attempting to talk down China-EU relations, or to exaggerate specific issues, turn the economic and trade matters into security issues, or to cling to bias against China, wrapping themselves in a cocoon of disinformation.

Yet, denying the achievements of the past is to lose sight of the way forward, and failing to respect the hard work of those who came before is tantamount to denying oneself today, said the Chinese Foreign Minister.

The trend of the times toward progress is unstoppable and China-EU relations will only move forward, not pause or go backward, Wang said, noting that China's policy toward the EU remains stable and consistent.

China supports European integration, support Europe's strategic autonomy, and support Europe in becoming an important pole in a multipolar world.

Wang said that regardless of whether Europe is in favorable or adverse circumstances, China's policy has never changed. No matter how the international and European situations may change, China's position remains consistent.

Today's international landscape is marked by frequent turbulence, and China stands as the most important force for stability and the most reliable source of certainty in the world.

On peace and security, China has the best record among major countries, Wang said, noting that China has never instigated wars or participated in conflicts, nor does it engage in geopolitical rivalry.

He noted that in the recovery and development of the world economy, China contributes around 30 percent to global economic growth annually, and the country is accelerating high-level opening-up and fostering a more market-oriented, law-based, and internationalized business environment.

On international and regional disputes, China remains committed to political settlement through dialogue and consultation, opposes the use of force, rejects unilateral sanctions, adheres to the principle of non-interference in internal affairs of other countries, and safeguards the legitimate rights and interests of developing countries, especially medium and small-sized countries.

Wang stressed that China's development represents a growing force for peace in the world today, saying that China is here, ready to open its arms to all countries, including European countries that wish to cooperate with China, to share opportunities, jointly protect the only planet where humans live, and work together to build a community with a shared future for mankind.

China-EU relations should be positioned as partnership: FM

China-EU relations should be positioned as partnership: FM

China's stock market demonstrated robust performance in 2025 with new records in various sectors.

Against the backdrop of global liquidity easing and evolving industrial policies, the A-share market experienced a landmark year. Multiple key metrics - including total market capitalization, trading volume, as well as margin trading and short selling balances - achieved historic breakthroughs, demonstrating remarkable vitality and resilience.

In terms of overall performance, as of Dec. 31, 2025, the total market capitalization of A-shares reached approximately 118.91 trillion yuan, marking a net increase of 25.30 trillion yuan from the year's opening level of 93.61 trillion yuan. This represents a growth rate of 27.03 percent, according to data from financial information provider Wind.

In 2025, major A-share indices extended their annual gains compared to 2024.

On Dec. 31, 2025, the Shanghai Composite Index stood at 3,968.84 points, marking an annual increase of 18.41 percent - the largest annual gain since 2020. The Shenzhen Component Index rose 29.87 percent for the year, while the ChiNext Index surged 49.57 percent. The Beijing Stock Exchange 50 Index recorded an annual gain of 38.80 percent, while the STAR Market 50 Index rose 35.92 percent for the year.

As major indices rose, market trading activity intensified. Throughout 2025, the A-share market recorded a total trading value of approximately 420 trillion yuan, marking a growth of over 60 percent compared to the previous year and nearly doubling the 2023 annual value. It also marked the first time in history that the annual trading value surpassed the 400 trillion yuan threshold.

The margin trading and short selling scale in the A-share market expanded rapidly in 2025. As of the year end, the outstanding margin trading and short selling balance in the A-share market increased by 690.7 billion yuan during the year to reach 2.5 trillion yuan, setting a new historical high.

Notably, the growth in the balance was primarily driven by the increase in the financing balance. Although the short selling balance also increased in 2025, its cumulative growth for the year was less than 10 billion yuan, with the absolute value of the short selling balance remaining at a low level in recent years.

As market sentiment continued to heat up, major sectors in the A-share market saw increases. Key industry sectors rose to varying degrees, with over half posting annual increases exceeding 30 percent.

Boosted by sharp rises in precious metal prices, the nonferrous metals sector delivered standout performance throughout 2025. Defense and military, telecommunications, machinery and equipment, automotive, power equipment, and electronics sectors also ranked among the top annual gainers. Sectors like food and beverages, coal, and banking showed relatively weaker annual performance but still managed modest gains.

Against the backdrop of a broad market rally, individual stocks also rose, with many delivering standout performances. Data indicates that over 4,200 A-shares saw price increases in 2025, accounting for more than three-quarters of the total. Specifically, after excluding newly listed stocks, over 500 A-shares still doubled in value, with more than 100 stocks achieving annual gains exceeding 200 percent.

China's stock market demonstrates strong performance with multiple new records in 2025

China's stock market demonstrates strong performance with multiple new records in 2025

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