China’s integration into the global trading and investment system has been beneficial for both Europe and for China. The EU represents more than 19% of China’s external trade. European companies trading in China have brought capital goods, knowledge and technology that have helped China develop its productive capacity. Reciprocally, trade with China helps to promote growth and jobs in Europe through increasing exports, continuing specialisation in high-value products and services and strengthening the global competitiveness of EU companies.
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