How Chinese companies play a vital role in bolstering China-Europe economic ties

Chinese companies have also contributed to Europe's fight against the COVID-19 pandemic.

At the beginning of the year as some global shipping companies withdrew their feeder service through Finland due to an insufficient supply of empty containers, COSCO SHIPPING ensured normal operations to guarantee the security of Finland's supply chain.

"We win customers' trust with stable services during a special period to fulfill service commitments," said Song.

Amid the pandemic, Fabryka Lozysk Tocznych-Krasnik S.A., a bearings manufacturer in southeast Poland acquired by the Chinese Tri-Ring Group, managed to keep all its 1,650 employees on the payroll.

At the end of January, MGI Latvia, the subsidiary of China's MGI, launched the production of automated and integrated container laboratories, aiming to improve local COVID-19 testing capacity and help Latvia and other European countries.

"The much-needed economic recovery in Europe and elsewhere could be rekindled by boosted investment and trade relations," said Xu. "Chinese enterprises are ready to contribute to more solid investment, business, and economic ties between China and Europe."