In the afternoon of February 20, He Yadong, spokesperson for the Ministry of Commerce, addressed a regular press conference, emphasizing that China and the European Union (EU) are pivotal economic and trade partners whose mutually beneficial cooperation forms a robust economic symbiosis. This year commemorates the 50th anniversary of the establishment of diplomatic relations between China and the EU. The phone conversation between President Xi Jinping and European Council President Costa offers political direction for enhancing economic and trade cooperation between the two entities. China is eager to collaborate with the EU to materialize the consensus reached by their leaders, broaden openness, and deepen cooperation in green industries, notably in the realm of electric vehicles. Furthermore, China is committed to resolving economic and trade frictions through dialogue and consultation, thereby fostering the advancement of bilateral investment cooperation.