BEIJING, July 24 (Xinhua) -- As China and the European Union mark the 50th anniversary of their diplomatic ties, Chinese President Xi Jinping has made new propositions on how the two sides can navigate a fast-changing and turbulent world through partnership, cooperation and multilateralism.

China-EU relations have come to another critical juncture in their history, Xi said on Thursday, calling on Chinese and European leaders to once again demonstrate vision and leadership, and to provide more stability and certainty for the world through sound, steady China-EU relations.

The Chinese leader made the remarks when meeting with President of the European Council Antonio Costa and President of the European Commission Ursula von der Leyen, both of whom are in Beijing to attend the 25th China-EU Summit.

For the future development of China-EU relations, Xi made three proposals: The two sides should uphold mutual respect and consolidate the positioning of China-EU relations as partnership; uphold openness and cooperation and properly manage differences; practice multilateralism and uphold international rules and order.

On the same day, Chinese Premier Li Qiang co-chaired the summit with Costa and von der Leyen, with both sides pledging to promote cooperation on the economy, trade and investment.

After the summit, Li and von der Leyen attended the China-EU Business Leaders Symposium, at which some 60 business leaders were present.

UPHOLDING MUTUAL RESPECT

Xi said that China and the EU should uphold mutual respect and consolidate the positioning of China-EU relations as partnership.

The current challenges facing the EU do not come from China, and there are no fundamental conflicts of interest or geopolitical contradictions between China and the EU, Xi said. The fundamentals and prevailing trend of China-EU relations featuring cooperation over competition and consensus over differences have remained constant.

China has regarded the EU as an important pole in a multipolar world, and consistently supported European integration and the strategic autonomy of the EU, he said, voicing hope that the EU will respect the path and system chosen by the Chinese people, respect China's core interests and major concerns, and support its development and prosperity.

He called on both sides to deepen strategic communication, enhance understanding and mutual trust, and foster a correct perception of each other.

Echoing the Chinese leaders' remarks, the EU side affirmed its commitment to deepening EU-China relations, managing differences in a constructive manner, and achieving more positive outcomes in bilateral cooperation that is balanced, reciprocal and mutually beneficial.

ADHERING TO OPENNESS, COOPERATION

China and the EU should uphold openness and cooperation, and properly manage differences and frictions, Xi said, adding that history and reality show that interdependency is not a risk, and convergent interests are not a threat.

He said that "reducing dependency" should not lead to reducing China-EU cooperation, and the bilateral economic and trade relationship, which is by nature complementary and mutually beneficial, can indeed achieve dynamic equilibrium through development.

China's high-quality development and opening-up will provide new opportunities and potentials for China-EU cooperation, Xi noted.

It is hoped that the EU can remain open in trade and investment market, refrain from using restrictive economic and trade tools, and foster a sound business environment for Chinese enterprises investing and operating in the EU, he stressed.

China welcomes more European businesses to invest and pursue long-term operations in China, Premier Li said, calling on the EU to provide a fair, equitable and non-discriminatory environment for Chinese enterprises investing in Europe.

Li said both sides can forge an "upgraded version" of the China-EU export control dialogue mechanism to ensure the stability of industrial and supply chains between China and Europe.

The EU side noted that the EU does not seek "decoupling and severing supply chains" and welcomes Chinese enterprises to invest and operate in Europe.

Feng Zhongping, director of the Institute of European Studies at the Chinese Academy of Social Sciences, said that China-EU cooperation aligns with the fundamental interests of both sides, carries profound global significance, and will provide certainty and stability for the world.

PRACTICING MULTILATERALISM

Confronted with the critical choice between war and peace, competition and cooperation, or seclusion and openness, multilateralism and solidarity-based cooperation remain the only viable approach, Xi said.

He said that China and the EU should practice multilateralism, and uphold international rules and order.

Xi said China and the EU should jointly uphold the international rules and order established after World War II, advance a more just and equitable global governance system in keeping with the times, and work together to address global challenges such as climate change.

He said China stands ready to strengthen coordination with the EU to ensure the success of this year's UN Climate Change Conference in Belem (COP30), and contribute more to global climate response and green transition.

The EU leaders called on the two sides, faced with a turbulent and uncertain world, to uphold multilateralism, safeguard the purposes and principles of the UN Charter, address global challenges such as climate change, facilitate resolutions to regional hotspot issues, and safeguard world peace and stability.

On the same day, leaders of China and the EU issued a joint statement on climate change, in which they recognized that strengthening China-EU cooperation on the issue will impact the well-being of people on both sides, and is of great and special significance to upholding multilateralism and advancing global climate governance.

Wang Yiwei, director of the Institute of International Affairs at Renmin University of China, said that China-EU relations go beyond mere bilateral ties and are of great importance to safeguarding international law and order, and to upholding the international system with the UN at its core.