GLOBALink | Sino-EU cooperation beneficial to world economy amid headwinds

Although the global economy is facing mounting uncertainty due to COVID-19, economic and trade cooperation between China and Europe has maintained sound momentum.

In 2021, China remained the EU's largest trading partner, with bilateral trade volume hitting record highs. In the first two months of 2022, the EU also became China's top trading partner.

2021 saw an increasing number of freight trains transporting goods between China and Europe.

Last year, 1.46 million twenty-foot equivalent units (TEU) of goods were carried by China-Europe freight trains, up 19 percent year-on-year.

China and Europe are major markets with a shared strategic interest in promoting development through green and digital partnerships.

The two sides are also in sync with their ambitious commitments to a green and digital transformation, reduce carbon emissions and mitigate climate change.

Produced by Xinhua Global Service