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Economic considerations occupy an important place in relations between China and theEuropean Union(EU). This paper will attempt to explain the reasons behind this and willexplore perspectives from both sides. The major points are as follows: (1) The end of theCold War and the growing phenomenon of economic globalization have made both sidesplace much more importance on developing bilateral economic relations. (2) Having re-defined economic development as its core national interests through the launch of reformsand an open-door policy, China views the EU as an increasingly significant economicpartner, particularly in the area of trade, investment, technology imports and economiccooperation. (3) The fundamental aim of the EUs economic policies is to explore to thefullest opportunities provided by Chinas development and to protect the economic securityof Europe. (4) Because of the different positions they hold and their varying levels ofdevelopment, some differences in policy considerations by the two partners are inevitable.However, both China and the EU have been making efforts to narrow these differences andwiden their shared interests, so as to promote their common economic goals.
Economic considerations occupy an important place in relations between China and theEuropean Union (EU). This paper will attempt to explain the reasons behind this and willexplore perspectives from both sides. The major points are as follows: (1) The end of theCold War and the growing phenomenon of economic globalization have made both sidesplace much more importance on developing bilateral economic relations. (2) Having re-defined economic development as its core national interests through the launch of reforms and an open-door policy, China views the EU as an increasingly significant economicpartner, particularly in the area of trade, investment, technology imports and economiccooperation. (3) The fundamental aim of the EUs economic policies is to explore to thefullest opportunities provided by Chinas development and to protect the economic securityof Europe. (4) Because of the different differences they hold and their varying levels of development, some differences in policy consideratio ns by the two partners are inevitable.However, Both China and the EU have been making efforts to narrow these differences andwiden their shared interests, so as to promote their common economic goals.