Economic bonus bet365 have long played the role of "propeller" and "ballast" in China-EU relations，It is also the closest interest bond between China and Europe。China-EU economic bonus bet365 have experienced a shift from trade as the main focus to equal emphasis on trade and investment，Back to trade、Investment、The development and development of both financial and industrial cooperation，Continuously creating opportunities amidst challenges、Establishing rules and regulations in cooperation。In the context of profound changes in today’s international economic order，China-EU economic bonus bet365 are facing innovative concepts、A major test to convert momentum and update rules。

　bonus bet365 continues to solidify

Economic bonus bet365 were the earliest established between China and Europe、The most mature field。The China-EU Trade and Economic Cooperation Agreement signed in 1985 is still the most important bilateral legal basis document to date。China-EU economic bonus bet365 are based on pragmatic cooperation、Equality and mutual benefit are the principles，Achieved sustained growth in trade、Two-way flow of investment、The tremendous development of financial cooperation innovation and industry integration。45 years from 1975 to present，China-EU trade in goods increased more than 250 times，The EU has maintained its status as China’s largest trading partner for 16 consecutive years from 2004 to 2019。China-EU mutual investment has grown from scratch，The EU has become China’s main source of foreign investment，China’s investment in Europe also grew rapidly after 2009。China and Europe also started currency swaps after 2009、Cooperation in financial fields such as RMB trading and clearing，And in recent years, innovation cooperation has been a key area，Committed to achieving the common goals of economic structural reform and industrial upgrading of both parties，Reflects the value of Europe as China’s main source of technology。

Economic bonus bet365 are also the area of ​​cooperation with the most complete rules and mechanisms between China and Europe。To ensure the stable and healthy development of economic bonus bet365，China and the EU have always insisted on dialogue、Consultation and negotiation to resolve mutual issues and differences，Building an all-round way for this purpose、Hierarchical and multi-channel dialogue and communication mechanism。In addition to including a large proportion of the economic and trade agenda in the annual China-EU leaders’ meeting，From the early ministerial level to the China-EU Joint Economic and Trade Committee，To the China-EU high-level economic and trade dialogue at the vice-premier level；From China-EU Dialogue to China-Central and Eastern European Countries Cooperation，And then to the communication with the EU member states；From the central government level，To the local cooperation level；From official to enterprise，From policy dialogue to coordinate macroeconomics to technical negotiations to resolve economic and trade frictions，China-EU economic and trade dialogue and communication mechanism covers all aspects of economic bonus bet365、Up Up Down Down，Provides a relatively solid foundation of rules and mechanisms for economic and trade cooperation between the two sides。

The development of economic bonus bet365 is a constant problem between China and Europe、A concentrated expression of bridging differences。Due to the starting point of economic development、Different stages and structures，China-EU economic bonus bet365 are constantly communicating with each other、Developed and strengthened by seeking common ground while reserving differences and achieving mutual success。From the early European "anti-dumping" against Chinese textiles to the China-EU photovoltaic product dispute that was once on the verge of a "trade war"，From the European side’s “upgrading of trade protection system” to “expanding market access” in the investment field，The development of China-EU economic bonus bet365 is accompanied by frictions and differences。But increasingly huge common interests and ever closer interdependence，Always help both parties face it rationally、Consider everything，Continuously through dialogue、Consultations and negotiations to find solutions、Bridging differences、The way to enhance interests。This is an important experience to ensure that China-EU economic bonus bet365 have achieved past achievements and have future prospects。

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In recent years，New changes have taken place in China-EU relations, especially China-EU economic bonus bet365，It is an important manifestation of the "major changes unseen in a century" in the changes in the international political and economic pattern and order。China-EU economic bonus bet365 are facing unprecedented challenges。

First，China-EU trade relations urgently need to tap its potential、Breakthrough the bottleneck。In recent years，China and Europe are both facing downward economic pressure，Insufficient effective demand。The EU upgrades its trade protection system、Delay in China-EU free trade negotiations and other measures，Also limits the space for growth。Therefore，Although China-EU trade continues to grow，But the growth rate is slowing down、Increased volatility。Under the impact of the new coronavirus pneumonia epidemic，China-EU trade fell by more than 10% in the first quarter of this year，The trade volume between China and Europe was surpassed by the trade volume between China and ASEAN。If both parties cannot further improve the policy environment、Optimize trade structure and tap trade potential，As the largest stock in economic bonus bet365、The greatest market impact、The part that benefits the most people’s livelihood，The proportion of China-EU trade in their respective economies will further decline，China-EU economic bonus bet365 will be damaged as a result。

Secondly，bonus bet365 investment relations and industrial cooperation face the impact of protectionism，Urgent need to enhance mutual trust and update rules。The EU does not adapt to changes in China’s domestic and foreign policies in recent years，Some European companies in China are facing more intense competition，Confidence in investment in China has declined，There is even some investment transfer phenomenon。The shortage of medical equipment and drugs during the epidemic has further amplified the difficulties in bonus bet365 investment and industrial cooperation。China and the EU launched bilateral investment agreement negotiations in 2013，Strive to establish fair rules between investment protection and market access，To break the shackles of protectionism。However, due to the European side’s one-sided pursuit of the principle of “reciprocity”，After twenty-nine rounds of negotiations between the two parties，Investment and industrial cooperation issues remain difficult to resolve in the short term。

Finally，China-EU economic bonus bet365 are facing politicization、The impact of market distortion caused by securitization，Need to return to and stabilize on the track of pragmatic cooperation。The valuable experience in achieving rapid development in China-EU economic bonus bet365 is to follow market principles、Pursue pragmatic cooperation。But in recent years, it has been affected by changes in the international environment，Europe has begun to view economic and trade cooperation with China from the perspective of "political and economic integration": on the one hand, it treats China's investment and industrial cooperation with Europe with political bias and "security awareness"，On the other hand, starting from the "principle of reciprocity"，Attaching non-economic conditions in economic and trade negotiations。If allowed to become politicized、The proliferation of securitization，It will have a great impact on the consensus foundation of China-EU economic bonus bet365 based on market principles，Distorted logic of resource allocation and benefit distribution，This will eventually lead to the overall deterioration of the bilateral economic and trade environment。

　　Bold exploration and bonus bet365

At a time when China-EU economic bonus bet365 have made great progress and faced huge challenges，Need to be future-oriented，In concept、Innovation in mechanisms and policies。This is not only a need to enhance the well-being and common interests of the people of China and Europe，It is also necessary to maintain the overall development of China-EU relations and the stability and long-term progress of globalization。For this，China and Europe should start with innovative concepts、Explore potential and increase efficiency，From pioneering cooperation、Added value in converting kinetic energy，From update rules、Leading globalization for the long term。This is not only a major issue before policymakers and economic circles on both sides，It is also a major issue that needs to be solved in the study of China-EU relations。

First，China and Europe should actively adapt to bilateral trade、Changes in investment and industrial structure，Change "equivalent、Combining the principle of fairness with the current status of China-EU economic bonus bet365，Sort out key and priority cooperation areas and formulate practical and sustainable economic and trade cooperation goals。How to do this in the context of both sides pursuing trade and investment structure optimization and industrial upgrading，Not only maintain the original cooperation but also promote healthy competition，It requires researchers to boldly explore、Important issues for careful verification。

Secondly，China and Europe should actively explore new areas of cooperation，Get rid of dependence on traditional bonus bet365 and investment models，Realize the balance and conversion of momentum between bonus bet365, investment and industrial cooperation，Let major cooperation projects such as the “Belt and Road” construction and the strategic docking of Eurasian connectivity be implemented as soon as possible。At the same time，Focus on service bonus bet365、Third-party investment and green industry、Cooperation potential in emerging industries such as digital industry。current，Research on the China-EU Free bonus bet365 Area Strategy、Comparative study between China and Europe in third-party cooperation、Research on strategic trends of emerging industries in Europe, etc.，These are very urgent research topics。

Finally，China and Europe are adapting to changes in the current international economic landscape，Be more courageous、Good at participating in the update and improvement of international rules，Actively strive for a favorable international economic environment。The combined economic size of China and Europe accounts for 1/3 of the world's total，Both sides are highly dependent on and benefit from the economic ecology of globalization and the rule system of multilateralism。Therefore，China and Europe have the will and ability to maintain globalization，Active cooperation in creating more fair and reasonable rules。For this，Neither the China-EU investment agreement nor the future free bonus bet365 agreement can be limited to a bilateral perspective，How to achieve sustainable cooperation between the two major regional economic centers、Focus on how to maintain healthy competition between different economic systems and how to transform economic influence into institutional power。

(The author is the Director of the Institute of European Studies at the bonus bet365 Institutes of International Studies)