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2026-11-01 09:46:27
[ECB President Lagarde Optimistic About EU-China Cooperation: "We Must Work Together"] European Central Bank President Christine Lagarde recently gave an exclusive interview to a reporter from China Central Television (CCTV). When discussing the global economic outlook and situation, Lagarde stated that the global economy has demonstrated far greater resilience than expected in the face of shocks such as the Russia-Ukraine conflict and the energy crisis. However, negative impacts also exist, with evolving geopolitical situations and human actions hindering potentially achievable economic development. Lagarde also stated that the EU and China are high-level partners in goods and services trade, sharing common interests and needing to cooperate. Lagarde stated, "It's important to understand that both China and the EU are pragmatic. When considering its export capabilities and expansion potential, China takes a global perspective. Currently, the EU is a highly attractive market. The Eurozone alone has 360 million people, and we have a large middle class with strong purchasing power; at the same time, the level of goods circulation and trade openness is relatively high, which is rare among many developed economies. Therefore, the EU will inevitably attract China's attention. Similarly, many European companies have also established a presence in China, setting up sales outlets, subsidiaries, and manufacturing centers. This shows that there are common interests between the two sides. The EU and China are high-level partners in goods and services trade. So, yes, we should cooperate." (CCTV)
