Economy

China-Spain trade relations complementary

Europe / Spain1 views1 min
China-Spain trade relations complementary

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Spanish Prime Minister Pedro Sanchez is on a five-day official visit to China, aiming to strengthen bilateral trade relations and cooperation in areas like new energy. The visit reflects Spain's efforts to expand its partnership network and counteract pressure from the US, with China being an attractive partner due to its huge market and open foreign policy.

Spanish Prime Minister Pedro Sanchez is visiting China to boost trade relations. China is Spain's largest trading partner outside the EU, with bilateral trade reaching $55 billion in 2025. The two countries have complementary industrial structures, and China's new energy sector is a key area of cooperation. Spain is advancing its green transition, and Chinese companies are investing in Spain. The visit comes as Spain seeks to expand its partnerships amid strained relations with the US. China and Spain have similar development objectives, including promoting green and digital transformation. The two countries can work together on global governance, climate change, and international development.

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