The way of harmony, fate is shared. The world under the impact of the epidemic is undergoing major changes unseen in a century. At the critical time node that affects the direction of the world pattern, standing on the height of a community with a shared future for mankind, President Xi Jinping and the EU leaders reached an important consensus: China and the EU are the two major powers in the world. The two major markets and the two major civilizations will make active efforts to promote world peace and stability, development and prosperity, and global governance, and create a more influential China-EU comprehensive strategic partnership.

On July 10, 2020, the China-EU Major Project Strategic Cooperation and China-EU Smart City Industry Development Fund signing ceremony was successfully held at the Grand Hyatt Hotel in Shenzhen, China. This is the fastest China-EU major project launched after the leaders of China and Europe reached important consensus on China-EU relations in the post-epidemic era. The project is a major project to implement the construction of a pioneering demonstration zone with Sino-European characteristics. The signing ceremony was jointly held by the China Development Bank Manufacturing Transformation and Upgrade Fund, the EU China Fund Management Co., Ltd., and Baochuan Global Investment Co., Ltd.