Great opportunities mark 50th anniversary

Editor's note: Over the decades, China-EU relations have become a pillar of the global economy thanks to their mutually beneficial and globally impactful trade and economic cooperation. Therefore, the two sides should take full advantage of their economic complementarity for mutual and global good. Three experts share their views on the issue with China Daily.

Much has changed in both the European Union and China, politically and economically, in the 50 years since they established diplomatic relations. Although neither the Chinese nor the EU economy is the largest in the world in terms of GDP, they are the biggest players in global commerce.

In global goods trade, the leadership position belongs to China, worth more than $6 trillion, followed by the 27-member EU. Many people confuse the United States' economic leadership with its assumed leadership in global trade, but that is not true.