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China, Spain to deepen industrial, supply chain cooperation, promote economic ties: spokesman

China

China, Spain to deepen industrial, supply chain cooperation, promote economic ties: spokesman
China

China

China, Spain to deepen industrial, supply chain cooperation, promote economic ties: spokesman

2026-04-16 17:40 Last Updated At:21:07

China and Spain will work to strengthen strategic alignment and policy communication, deepen industrial and supply chain cooperation, and create more mutually beneficial projects in promoting bilateral economic and trade relations, a spokesman for the Ministry of Commerce said Thursday.

He Yadong, the spokesman, made the remarks at a regular press conference in Beijing, highlighting steady development and fruitful results of China-Spain economic and trade relations in recent years.

Bilateral trade volume exceeded 55 billion U.S. dollars in 2025, up nearly 10 percent year-on-year, He said, noting that the bilateral trade structure has continued to optimize, with the proportion of high-tech and high value-added products steadily increasing.

The two-way investment stock has reached nearly 11 billion U.S. dollars, while industrial and supply chain cooperation has kept deepening, he said, highlighting mutual complementarity and resilience of the two economies.

The spokesman said the two countries signed two memorandums on cooperation on Tuesday, on the occasion of Spanish Prime Minister Pedro Sanchez's official visit to China from Saturday to Wednesday.

"China's Ministry of Commerce and Spain's Ministry of Economy, Trade and Enterprise signed two memorandums on cooperation -- one on 'Big Market for All: Export to China' and the other on strengthening economic cooperation and promoting sustainable investment. The two sides will strengthen strategic alignment and policy communication, deepen industrial and supply chain cooperation, and create more mutually beneficial and win-win projects," He said.

"Going forward, the Ministry of Commerce will work with the Spanish side to strengthen dialogue on economic and trade policies, and give full play to the role of economic and trade mechanisms and business exchange platforms, to promote in-depth and substantive practical cooperation between China and Spain," he added.

China, Spain to deepen industrial, supply chain cooperation, promote economic ties: spokesman

China, Spain to deepen industrial, supply chain cooperation, promote economic ties: spokesman

Cai Qi, a senior official of the Communist Party of China (CPC), held talks with Tran Cam Tu, member of the Politburo of Communist Party of Vietnam (CPV) Central Committee and permanent member of Secretariat of CPV Central Committee, in Beijing on Wednesday, with both sides pledging to fully utilize their inter-Party channels.

Cai, member of the Standing Committee of the Political Bureau of the CPC Central Committee and member of the Secretariat of the CPC Central Committee, called on the two Parties of China and Vietnam to play the overarching and leading role, and provide concrete guidance to various departments, localities and institutional platforms to implement the latest important common understandings reached by the general secretaries of the two Parties.

Cai said China stands ready to work with Vietnam to maintain close high-level exchanges, leverage the unique role of inter-Party channels, make good use of the China-Vietnam "3+3" strategic dialogue on diplomacy, defense and public security, continue to strengthen exchanges and mutual learning in governance experience, enhance the facilitation of personnel exchanges, deepen cooperation in news media, culture, sports and the arts, and unequivocally uphold multilateralism and free trade.   

Tran Cam Tu said Vietnam is ready to work with China to continue giving full play to the unique role of inter-Party channels, and looks forward to enhancing the level of strategic mutual trust between the two sides.

He also expressed willingness to join hands with China to resolutely safeguard political security, strengthen regular contacts between important departments, elevate the level of bilateral cooperation, strengthen the ties between the two peoples, and enhance multilateral coordination to promote the greater role of the two countries in regional and global affairs.

China, Vietnam pledge to fully utilize inter-Party channels

China, Vietnam pledge to fully utilize inter-Party channels

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