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Strategic Agenda 2024-2029
Table of Contents
The strategic agenda 2024-2029 was launched at the EU summit in Granada, Spain, in October 2023. This agenda aims to outline a prosperous and competitive Europe,guided by values that serve as a compass both within the EU and globally. These values are also the foundation for a stronger, more prosperous, and more democratic union for citizens.
The European commission 2024-2029
On 1 December 2024, a new European Commission takes office. Re-elected for a second mandate in July, President Ursula von der Leyen leads a new College of Commissioners to deliver the 2024-2029 work programme. Over the next five years, the College will work on seven aspiring political priorities to make Europe stronger, safer, and fairer.
A Competitiveness Compass for the EU
On 29 January 2025, the Commission presented a ’competitiveness compass’, an economic framework to guide its work in the coming years. Grounded in the key role of productivity in financing the EUS competitiveness, this compass was presented alongside three reports assessing the main challenges for the 2024-2029 term.
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Industry leaders like Tencent and BYD, with expertise in building complex technological ecosystems, could contribute their knowledge and investments. In return, China could learn from Europe’s expertise in data security and ethical regulation, enhancing the global credibility of its technological products.
GREEN TRANSITION, A BRIDGE FOR COOPERATION
The Competitiveness Compass for the EU envisions Europe as a hub where future green technologies, lasting services, and clean products are conceived, manufactured, and brought to market, positioning it as the first continent to achieve climate neutrality.
The EU remains committed to reaching climate neutrality by 2050. In the face of this challenge, collaboration in renewable energy sectors, such as solar power, green hydrogen, and energy storage technologies, presents a unique prospect for both Europe and China. As the global leader in solar panel and battery production, China could work with European companies to accelerate the deployment of these technologies within the EU.
Besides, the forthcoming future Circular Economy Act is expected to provide opportunities.Certainly! Here’s a refined and structured version of the text:
Practices and Technologies to Boost Global Sustainability and Strengthen Bilateral ties
Global challenges such as climate change, geopolitical instability, and digital transformation require international cooperation. Recognizing this,the Competitiveness Compass for the EU emphasizes the importance of global partnerships that the EU has cultivated,highlighting their essential role in the program’s success.
China and the EU share a global responsibility to shape a sustainable future. Collaborating on international norms for digital trade, AI regulation, and sustainability standards could position both as leaders in a more equitable and inclusive economic order.
The Competitiveness Compass for the EU should thus be seen not only as a roadmap for Europe’s economic success but also as a framework that benefits from global cooperation.By leveraging their respective strengths and overcoming mutual skepticism, Chinese and European businesses can build a bridge toward a more sustainable, innovative, and prosperous future. As the 50th anniversary of EU-China diplomatic relations approaches, the moment is ripe for fostering a deeper and more dynamic partnership for the decades ahead.
Policymakers, businesses, and academic institutions must work together to capitalize on their shared strengths, ensuring long-term progress and mutual benefit. When the two major economies join forces to address global challenges, we can drive transformative change and inspire a model of cooperation that benefits not just our own societies but the entire world.
Editor’s Note: luigi Gambardella is the president of chinaeu, a non-profit international association to foster public-private partnerships, business cooperation, and joint investments in digitization processes and high-tech fields by European and Chinese companies.
The views expressed in this article are those of the author and do not necessarily reflect the positions of Xinhua News Agency.
!Collaborative Innovations: Fostering European-Chinese Partnerships in High-Tech Fields
Senior Editor (SE): Hello, Mr. Gambardella. Thank you for joining us to discuss the critical role of public-private partnerships between European and Chinese companies.Could you start by highlighting the significance of such collaborations in addressing global challenges? Luigi Gambardella (LG): Thank you for having me. Public-private partnerships are essential for addressing today’s global challenges.These collaborations underscore the critical need for joint efforts in high-tech fields, particularly digitization, where we need combined expertise and resources. By working together,we can spur innovation,enhance technological advancements,and ensure lasting economic growth that benefits both regions. SE: Can you provide specific examples or scenarios where these partnerships have proven effective? LG: One notable example is the NIO Power Europe Plant in Hungary. This facility is a testament to accomplished collaboration where European and Chinese companies worked together to establish a state-of-the-art production unit. Such partnerships allow for the exchange of technological know-how and best practices, enhancing the efficiency and effectiveness of operations. SE: how do these partnerships contribute to the broader goal of cooperation and mutually beneficial economic growth? LG: Economic cooperation is crucial for global stability and prosperity. By fostering partnerships,we facilitate joint investments and drive economic growth.These collaborations also open new markets, create job opportunities, and deepen mutual understanding. Through such partnerships, we can create a more balanced and interconnected global economy, which is beneficial for all stakeholders involved. SE: What are the key challenges that these partnerships face, and how can they be overcome? LG: One of the main challenges is aligning regulatory frameworks and standards between the two regions. Each country has its rules and regulations, which may hinder smooth cooperation.However, this can be overcome through dialog and mutual agreements. Establishing multilateral agreements and fostering dialog channels are essential for addressing regulatory differences and creating a harmonious business environment. SE: How do you envision the future of european-Chinese partnerships in the high-tech sector? LG: The future is promising. As technology advances at an unprecedented pace, the demand for skilled workforce and innovative solutions will only increase. I expect more European and Chinese companies to join forces, leveraging each other’s strengths to drive technological advancements.We are likely to see more joint ventures, R&D collaborations, and technology transfers that will contribute to global economic prosperity and technological leadership. SE: Thank you, Mr. Gambardella, for sharing your insights. To wrap up, what advice would you give to companies and institutions looking to establish or strengthen these partnerships? LG: My advice would be to embrace a culture of openness and collaboration. Companies should actively seek partners in both regions and foster relationships based on trust and mutual respect. It’s crucial to understand the cultural and regulatory nuances and adapt strategies accordingly. by focusing on shared goals and collective success,these partnerships can create a positive and lasting impact on both European and Chinese economies. The interview with luigi Gambardella, President of ChinaEU, underscores the importance of public-private partnerships between European and Chinese companies. Such collaborations enhance technological advancements, drive economic growth, and promote mutually beneficial cooperation. By overcoming regulatory challenges and investing in joint ventures, these partnerships hold tremendous potential for addressing global challenges and creating a more integrated and prosperous world.Interview with Luigi Gambardella, President of ChinaEU
Concluding Remarks
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