China-Greece ties testify to wisdom of pursuing dynamic cooperation

The visit by President Xi Jinping and Greek Prime Minister Kyriakos Mitsotakis on Monday to Piraeus Port, during the Chinese leader's three-day state visit to Greece, highlighted how the two countries have worked together to pursue mutually beneficial cooperation and achieve fruitful outcomes in trade, investment and infrastructure cooperation.

Prior to a subsidiary of China Ocean Shipping Company taking over the management of the port's container terminal in 2009, the port was on the brink of bankruptcy and considered "uninvestable in" by other companies. Today, COSCO manages all the port's operations having acquired a majority stake in 2106, and Piraeus has become not only the largest container port in the Mediterranean, but also a symbol of the burgeoning cooperation between the two countries.

Greece was among the first members of the European Union to sign an intergovernmental cooperation document with China to jointly advance cooperation under the Belt and Road Initiative, and in April, Greece joined the cooperation mechanism between China and Central and Eastern European Countries as a full member.