Spain strengthens its political relationship with China to balance the trade deficit and attract technological investment

 

 

 

Spain and China institutionalize their political relationship at the highest level

 

The president of the Government of España, Pedro Sánchez, has met in the Gran Palacio del Pueblo de Pekín with the president of the República Popular China, Xi JinpingThis meeting marks a milestone in the Capabilities of bilateral relations by establishing a mechanism of Strategic Dialogue permanent, designed to provide stability and continuity to the dialogue between the two powers, similar to the one that China maintains with other key partners of the Unión Europea.

 

During his fourth official visit to the Asian country, Pedro Sánchez He emphasized that this new phase seeks to overcome the Comprehensive Strategic Partnership created in 2005 and the Action plan three-year agreement signed in 2025. The Spanish leader emphasized that the will of España is to move towards a relationship that works "much narrower, much healthier, and much more balanced", raising the level of dialogue to its highest point in the last 53 years.

 

Objective: To correct the trade deficit and facilitate market access

 

In the economic sphere, the Spanish government is seeking mechanisms to correct the imbalance in the exchange of goods and services. Despite the fact that Spanish exports to China They registered growth exceeding 7% In the last fiscal year, the trade deficit remains a priority challenge for the Spanish foreign policy agenda.

 

The Government will sign agreements aimed at facilitating access for Spanish products to the Chinese market and promoting cooperation in infrastructure y logisticsAs the president pointed out, "If we want the globalized economy to continue to exist, it must work for everyone with fair supply chains." that generate wealth and employment in both regions.

 

Indicator / Concept	Data / Impact
Growth of Spanish exports (2025)	+7% annual
EU-China combined weight in global GDP	> 33%
Participation in global trade (EU-China)	Up to 30%
Antiquity of high-level political dialogue	53 years in the Making

 

Attracting foreign investment in strategic sectors

 

The agenda of Pedro Sánchez It included a key meeting with investors from Chinese companies interested in the Spanish market. The government's approach focuses on attracting capital that not only provides liquidity but also ensures the knowledge transfer and the creation of local employment of quality. The sectors identified as priorities for these alliances are:

 

• Electric vehicle and development of next-generation batteries.
• Energy wind and renewable technologies.
• Industry of drones and unmanned aeronautics.
• Artificial Intelligence applied to production processes.

 

The president insisted that the criterion of Gobierno de España It is to prioritize investments that are fully integrated into the Value chains national and European, reinforcing the country's strategic autonomy and innovative technological development.

 

Spain's role in the European Union-China relationship

 

Given the relevance of the Unión Europea y Chinawhich represent a third of global GDP, Pedro Sánchez expressed the commitment to España to play a constructive role in community dialogue. The goal is to maintain active cooperation even in the face of political or trade differences, seeking multilateral solutions to global challenges such as climate change and current geopolitical tensions.

 

Key points and frequently asked questions about the State Visit to China

 

What is the announced permanent Strategic Dialogue?

It is a stable mechanism for political dialogue at the highest level between España y China which seeks to provide greater stability and continuity to bilateral relations, equating the position of España to that of other major European partners.

 

Which sectors are priorities for Chinese investment in Spain?

The Government prioritizes investment in the electric vehiclebattery manufacturing, wind energy, drones, and Artificial Intelligencealways under criteria of local job creation and technology transfer.

 

How has bilateral trade evolved recently?

Following the agreements signed in 2025, Spanish exports to China have grown a 7% in one year, although the Executive is now working to correct the trade balance imbalance through greater access to the Chinese market for domestic companies.