EU ties benefiting third-country markets

China and the European Union should cooperate when dealing with challenges to globalization by continuing to support free trade and multilateralism, leading experts have urged.

They noted that China's structural shift toward advanced manufacturing and domestic consumption, and its further opening-up, will mean great business opportunities for Europe.

"As China continues to grow with consistency and stability, undoubtedly it will provide a big and growing market to foster China-EU collaboration," said Liu Shijin, deputy director of the Economic Affairs Committee of the National Committee of the Chinese People's Political Consultative Conference.