Chinese President Hu Jintao starts a state visit to Spain on Sunday at the
invitation of Spanish King Juan Carlos I, which is expected to greatly push the
Sino-Spanish relations forward.
In recent years, relations between the two countries have been steadily
strengthened, especially after the April 2004 elections.
Spanish Prime Minister Jose Luis Rodriguez Zapatero paid a visit to China
this July. After his visit, the ties between the two countries got further
strengthened, with many Spanish businesspeople flocking into China to invest in
sectors of finance, insurance, telecommunication, construction industry.
Spain has attached great importance to its relations with China. Since their
diplomatic relations was set up in 1973, the two countries have enjoyed good
friendship, with frequent exchanges of high-level visits facilitating their
mutual understanding and political trust.
Moreover, Spain has always supported China's stance on the Taiwan issue -- a
solid foundation for further development of the relations.
The Spanish government also shares with China viewpoints on major
international issues.
Spain is against unilateralism and holds that the world should be
multipolarized and the United Nations play the leading role in tackling world
affaires.
The Spanish government has also made effort to boost trade withChina. Back in
2000, the Spanish government under former Prime Minister Aznar mapped out the
"Asia-Pacific Strategic Plan" to enhance relations with China and other Asia
Pacific countries.
Based on the strategic plan, the Spanish government produced the "China Plan"
in this May, aiming at promoting trade and economic ties with China.
According to the plan, China together with eight other countries will be
prioritized markets of Spain and will receive investment totaling about 690
million euros (815 million US dollars) from Spain between 2005 and 2007.
Spanish media reported that in the first five months of 2005, more than 30
Spanish companies set up offices and factories in Chinese cities of Shanghai,
Tianjin and Beijing, to bring the total number of Spanish companies in China to
nearly 300.
Meanwhile, Chinese companies have also set up offices or joint ventures in
Spain.
A Chinese diplomat in Spain said the annual trade volume between China and
Spain has increased rapidly from 12 million US dollars in 1973 to 7.2 billion in
2004 and is hopefully to arrive at 10 billion in 2005.
Spain has now invested 600 million US dollars in China, accounting for only
one percent of China's total foreign investment.
As Spain is the eighth biggest economy in the world with a total GNP of 837.5
billion euros (990,1 billion US dollars) last year, it is evident that there is
still large room for both countries to further their economic cooperation, the
diplomat said.
Spanish companies have quickened their march toward Chinese market. For
instance the Spanish oil company CEPSA and several other big companies have set
up offices or factories very lately in China.
Spain claims to be the world's second most popular tourist destination and
believes Chinese tourists going out will reach 100million by 2020. It therefore
plans to receive 150,000 to 200,000 Chinese tourists in the coming three to five
years.
To help realizing the plan, two Spanish airline companies the Air Europa and
Plus Comet have already started non-stop flights between Spain and China and the
Madrid Airline will follow the suit soon.
The Spanish newspaper El pats said in a recent editorial that Spain, though
not an early player in Chinese market, will still score great achievements and
gain profits in developing good economic relations with China.
Just as Spanish Foreign Minister Miguel Angel Moratinos put it,Hu's visit
will accelerate the progress of Sino-Spanish relations and intensify their
cooperation in various aspects.