Europe and China need a partnership that enhances their basic economic interests

The largest battery manufacturing company revealed a battery for electric cars capable of providing an amazing driving, of 520 km after only five minutes of shipping, this announcement came a month after the launch of “BYD”, the leading Chinese company in the manufacture of electric cars, for its high -speed charging, and in the field of solar energy also, the numbers are amazing, as Chinese companies can now produce more than 1200 GB of solar panels Annually.

These achievements are the result of the global green technology race, which China leads with a big difference, and some say that there is a problem that lies in the excess of the Chinese show, but from another perspective, the rest of the world does not publish these technologies with adequate speed, while the green manufacturing engine works in China at a high speed, others slow down.

In light of this, Europe faces a strategic choice, as it can respond with a defensive industrial policy: securing supply chains, raising customs duties, trying to catch up without success, or it may formulate a common competitive agenda that allows Europe to use its strengths, to set rules and standards and build alliances, to form an environment to expand green industries, set standards, and direct green investment frameworks.

Climate

Despite the collapse of relations between the European Union and China in recent years, the idea of ​​cooperation in the fair trade and investment exists and is not far -fetched, and climate transformation is the decisive political and economic challenge for the 21st century, and on this front, the European Union and China are interconnected, and if Europe presses the removal of carbon, the Chinese assets may become stuck, while China may face a revenge in response if it refuses to cooperate or compatible with the standards The global, and the question now is whether they can construct their interconnection.

There is a need to establish a climate partnership and a deal that enhances the basic economic interests of each party, and for the European Union, this means reducing dependence on Chinese imports while improving its capabilities, and for China this means maintaining access to a high -value export market in light of a changing global commercial environment, and the pragmatic success requires both sides.

The effectiveness of cooperation

The effectiveness of cooperation between the European Union and China depends on several factors: first they must reach an agreement regarding the requirements of the local product, and the European Union should target local production for at least 40% of green technologies by 2030, not only low -cost assembly, but also higher value activities such as research and development, to create job opportunities and enhance flexibility.

Second, any partnership should open the door to joint projects, which helped China reach advanced technology prospects, and it is already appearing in the European Union batteries and cars, and if they are properly structured, these partnerships can achieve mutual gains while integrating cooperation in long -term industrial strategies.

Third, commercial measures must be considered carefully. While the European Union imposed customs definitions of 45.3% on Chinese electric vehicles, import barriers alone are not sufficient to fill the gaps of competitiveness. At best, it can complete the efforts of the most strategic policies, such as the rules of the local product and industrial partnerships, and if these measures are not properly implemented, Europe may weaken more technological status, instead of providing it enough time to catch China.

Fourth, there is a need for effective programs to transfer competencies, as some member states of the European Union began to restrict the visas of Chinese engineers, and this is an unhappy measure, if enabling European companies to host Chinese talents, and vice versa, will ensure the conduct of research, development and design, not only the final assembly, in Europe.

Carbon removal

Ultimately, finding a way to cooperate in carbon removal efforts will achieve economic and geopolitical gains for both sides, and cooperation with China would enhance the flexibility of the European Union, support its industrial sector, and establish the union’s position as a leader in the field of clean technology, and China will be able to get rid of surplus green goods, secure access to markets, and show to the world that despite the United States retreating from climate work, it is, but it is It is still committed to “green growth”.

It seems that the European Union and China are more compatible than many people, both of them are imported of fossil fuel, both of which are a major carbon -free technology, and therefore they have an interest in maintaining global demand for green products, and in light of the increasing state of uncertainty, both of them bet on turning in the energy field as the most feasible path of competitiveness and innovation.

Europe and China have bet on their future on green growth, and to make this betting win and fully benefit from carbon removal, they must find a common issue on clean trade and investment, which is one of the few areas where strategic self -interests and global public benefits still meet. About “Gaban Times”

• The effectiveness of cooperation between the European Union and China depends on several factors, including reaching an agreement regarding the requirements of the local product.

• Cooperation with China will enhance the elasticity of the European Union, support it industrially, and establish its position as a leader in the field of clean technology.