Mutual China-EU cooperation will bring more confidence for global stability and prosperity: FM spokesperson

(ECNS) -- "We believe that with China emerging from the shadow of COVID-19, China and the EU will fully resume face-to-face exchanges at all levels and activate dialogue and cooperation in various fields, giving a swift and strong boost to the China-EU comprehensive strategic partnership and mutually beneficial economic and trade cooperation between the two sides," Foreign Ministry spokeswoman Mao Ning said Thursday.

This will surely bring more confidence and hope for global stability and prosperity, Mao said at the regular press conference.

In 2022, China-EU trade rose 5.6 percent despite headwinds and the EU investment in China surged 96.6 percent year on year, according to the spokesperson.

A recent report from the Germany-based think tank Kiel Institute for the World Economy shows that a decoupling of the European Union (EU) from China will reduce Germany's gross domestic product by 1 percent in the long term even if the EU establishes a new supply system.

The impact corresponds to a lost value added of 36 billion euros (about $38.2 billion) every year.

The spokesperson pointed out that close economic and trade ties between China and Germany are an epitome of such ties between China and the EU.

German leaders have said they are against decoupling in any form on many occasions, she added.