CATL(SZ:300750) Si Chuan Ri Bao·2025-11-13 00:29Group 1: Trade and Investment Overview - Numerous Chinese companies are actively investing in Spain across various sectors, including advanced technology, advanced materials, new energy vehicles, agriculture, tourism, and cosmetics [1][3] - The bilateral trade volume between China and Spain is projected to exceed €52 billion in 2024, with a record trade volume of $41.3 billion in the first nine months of this year, marking a year-on-year growth of 10.3% [1][5] - China has become Spain's largest trading partner outside the EU [5] Group 2: Key Partnerships and Collaborations - The launch of the innovative EBRO vehicle by Chery Automobile in Spain is highlighted as a benchmark project for cooperation between the two countries [1] - CATL has chosen Sichuan as its largest production base outside Ningde, with Spain being one of its major investment locations in Europe [1] - The partnership between Antolin Group and Chinese automakers, including Geely and Chery, has significantly increased market share in both China and Spain [4] Group 3: Economic and Cultural Ties - The visit of Spanish King Felipe VI to China, particularly to Sichuan, underscores the strong emotional and economic ties between Spain and Sichuan, which has established multiple sister city relationships since 1994 [2] - Chengdu High-tech Zone has signed a cooperation memorandum with Barcelona Technology Park to enhance innovation and product collaboration in the biopharmaceutical industry [2] - The import of Spanish olive seeds to Chengdu has resulted in a geographical indication product, producing over 10,000 tons of fresh fruit annually [2] Group 4: Future Prospects - The Spanish Minister of Economy and Business, Reyes Maroto, expressed optimism about attracting more Chinese companies to Spain, aiming to enhance employment and knowledge transfer [5] - There is a strong expectation for further cooperation in sectors such as automotive manufacturing, life sciences, and finance [5]