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Global Times: Strategic significance of China-France relations has become even more prominent
Globenewswire· 2025-12-06 00:24
Core Viewpoint - The meeting between President Xi Jinping and President Emmanuel Macron emphasizes the strategic partnership between China and France, aiming to foster a multipolar world and enhance cooperation despite external challenges [1][2]. Bilateral Relations - China and France have maintained a resilient relationship over 60 years, characterized by strategic autonomy and support for each other's core interests, with France's adherence to the one-China policy being a fundamental political guarantee [2][4]. - The strategic guidance from both leaders is expected to initiate a new 60-year cycle in bilateral relations, with a commitment to high-level dialogue and cooperation [3][4]. Economic Cooperation - Bilateral trade reached $68.75 billion in the first 10 months of 2025, with cumulative mutual investment exceeding $27 billion, showcasing a diverse range of cooperation from high-tech industries to consumer goods [4][8]. - The cooperation areas reflect a blend of high-tech sophistication and practical relevance, indicating a shift in dynamics as China climbs the value chain while Europe's traditional advantages face challenges [4][5]. Global Governance - Both leaders prioritize reforming global governance and promoting a balanced global economy, indicating a convergence in addressing global challenges amid a complex international landscape [6][7]. - France's role as a core EU member positions it uniquely to advocate for strategic autonomy in Europe, enhancing resilience and fostering a more independent understanding of China [7][10]. Future Prospects - President Macron's visit aims to revitalize mutual benefits and translate the positive dynamics of China-France relations into broader China-EU relations, with multiple cooperation agreements signed across various sectors [8][9]. - The ongoing partnership is viewed as essential for global peace and prosperity, emphasizing the necessity of dialogue and collaboration between the civilizations represented by both countries [10].
Airbus, Leonardo, Thales to Launch Space Tie-Up to Compete With Musk's SpaceX
WSJ· 2025-10-23 08:47
Core Insights - The aerospace and defense giants are collaborating to create a new company focused on consolidating their space activities, which aims to enhance Europe's strategic autonomy [1] Group 1 - The initiative is a response to the growing need for Europe to strengthen its position in the global space industry [1] - The new company will likely lead to increased efficiency and innovation in space-related projects [1] - This move reflects a broader trend of consolidation within the aerospace and defense sector to better compete on a global scale [1]
EU rolls out $1.1 billion plan to ramp up AI in key industries amid sovereignty drive
Yahoo Finance· 2025-10-08 08:44
By Foo Yun Chee and Inti Landauro BRUSSELS (Reuters) -The European Commission on Wednesday announced a 1-billion-euro ($1.1 billion) plan to ramp up the use of artificial intelligence in key industries amid a push to cut the European Union's reliance on U.S. and Chinese technologies. The EU executive's Apply AI strategy followed an action plan unveiled in April which seeks to lighten the regulatory burden and costs for startups struggling to comply with landmark AI rules which entered into force in Augus ...