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Spanish students say stable China-US ties benefit global economy

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Spanish students say stable China-US ties benefit global economy

2026-03-16 05:08 Last Updated At:07:17

Spanish students have expressed their expectation that a healthy China-U.S. economic and trade relationship will inject greater stability into the global economy and create greater opportunities for Spain.

On Sunday, Chinese and U.S. delegations convened in Paris, France for talks on economic and trade issues. Guided by the consensus reached by the two heads of state in Busan and their subsequent phone talks, the two sides will conduct consultations on economic and trade matters of mutual concern.

Ahead of the talks, members of the public in Madrid, Spain, shared their views on China–U.S. economic and trade relations with China Media Group (CMG). They agreed that reaching an agreement between the world’s two largest economies would have a direct impact on the global landscape.

"They are the two countries that contribute the most economically, in a manner of speaking, to the rest of the countries. They are major importers and exporters. So I think that a satisfactory relationship between them can be very beneficial for all other countries," said Claudia, an engineering student.

Noting that both sides are important trading partners of Spain, the interviewees stated that a healthy, stable and sustainable China-U.S. economic and trade relationship also affects various aspects of the Spanish society, and that agreements between the two countries would help promote Spain's economic growth.

"I do think that it could have a certain effect on the Spanish economy, both in terms of prices, and I would dare say employment as well. Because I think that if those two great powers reach an agreement, Spain could also get in on the action. It would create quite a few jobs in Chinese and American multinationals for all Spaniards," said Claudia.

"Spain is caught in the middle; it has good relations with both the U.S. and China. If it gets on the bad side of either one, it could be hit hard, because Spain mainly relies on tourism -- well, other things too, but essentially tourism, construction and agriculture. It's very important to have more help and trade with all countries around the world," said Denis, a law student.

Spanish students say stable China-US ties benefit global economy

Spanish students say stable China-US ties benefit global economy

China launched the second event of its 2026 "Big Market for All: Export to China" campaign in Hangzhou City of east China's Zhejiang on Sunday, as part of the country's broader push to expand imports and tap the purchasing power of its vast consumer market.

The three-day event, co-hosted by China's Ministry of Commerce and the People's Government of Zhejiang Province, is bringing together global brands, importers and consumers under one roof.

Minister of Commerce Wang Wentao attended the launch ceremony of the event and delivered an address.

More than 1,000 imported products are on display, from food and consumer goods to advanced industrial components.

The campaign aims to turn China's massive market into a gateway for global products, according to officials.

"The event highlights China's determination to independently expand unilateral and self-reliant opening-up. It is also China's active response to the needs of its global trading partners and our practical step to work together with them to grow the pie of international trade," said Xiao Lu, deputy director of the Department of Foreign Trade at the Ministry of Commerce.

Nearly 100 import-focused companies are taking part, showcasing products and exploring opportunities in China's fast-growing consumer market.

"We have selected popular product choices favored by Chinese tourists who have visited Egypt," said Cao Kezhen, chief representative for China at the CHIMENA (China-India-Middle East-North Africa) Business Council.

Starting from May 1, 2026, China will fully implement zero-tariff treatment for 53 African countries that have established diplomatic relations with China, so many Egyptian businesses are eager to explore the Chinese market, Cao said.

New technologies are also helping bring overseas products closer to Chinese consumers.

"In recent years, China has introduced a range of policies to encourage imports. These measures allow Chinese consumers to buy quality products from around the world at competitive prices through cross-border e-commerce. Going forward, we plan to shift more focus onto the development of a digital supply chain from the traditional supply chain, customs declaration and inspection, logistics, warehousing and distribution," said Shan Li, chairman of High Store Tech, a supply chain service provider for global brands.

Sunday's event followed the inaugural gathering, which took place under the same theme in the national capital Beijing in February.

China launches event in Hangzhou to expand imports, boost consumption

China launches event in Hangzhou to expand imports, boost consumption

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