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

Commitments fulfilled

Song Mingjun, managing director of COSCO SHIPPING Lines Finland, is pleased with business these days and the growth of his company, now the largest carrier of Finland's three world-leading firms in the forest industry catering to the Far East.

Finland's exports by COSCO SHIPPING have grown in recent years. In 2020, exports shipped by COSCO SHIPPING reached 85,206 Twenty-Foot Equivalent Units, an increase of more than 7 percent year-on-year, Song told Xinhua.

With the goal of promoting green and low-carbon energy cooperation between China and Europe, Shanghai Electric Power Company has focused on building green energy projects, such as the Mozura Wind Park in Montenegro and the three-phase Delimara power plant in Malta.

The company is now planning to build new energy projects in Malta to help the country realize the carbon neutrality target by 2050 set by the EU.

After more than 20 years of development, BYD Europe has grown into a compelling leader in new energy vehicles. More than 1,800 pure electric buses have been distributed or are on order in more than 20 European countries, the equivalent of more than 65 million pure-electric km and a reduction of more than 70,000 tonnes of CO2 emissions, Isbrand Ho, managing director of BYD Europe, told Xinhua.

In Serbia's capital Belgrade, the Zemun-Borca bridge is known as the "Chinese bridge." Constructed by China Road and Bridge Corporation (CRBC), the 1.48-km-long bridge, together with 21.2 km of access roads, represents the first big Chinese investment in European infrastructure.