Analysis of Economic and Trade Relations between China and the EU—Taking the China-EU Comprehensive Agreement on Investment as a Perspective

Abstract

In the post-epidemic era, the completion of the China-EU Comprehensive Agreement on Investment (CECAI) negotiations as scheduled brings a successful conclusion to China’s foreign trade and economic cooperation in 2020. As a high-level international economic and trade agreement, the CECAI brings the two markets and civilizations of China and Europe closer together through effective institutional arrangements, which will have an important and positive impact on the economic landscape of both sides and the world as a whole. This article will use the CECAI as an entry point to analyze and evaluate the economic and trade relations between China and the EU by reviewing the background and process of the agreement. It will help China and the EU to build a new model of economic cooperation driven by the twin wheels of ‘trade’ and ‘investment’, which is in line with the needs of China’s economic development strategy and will also help the EU to break away from the economic decline, achieve strategic autonomy and promote the diversification of the world economic landscape.