00:00Chinese President Xi Jinping welcomes Spain's King Felipe VI in Beijing,
00:05marking his first state visit to China and the first by a Spanish monarch in 18 years.
00:10Xi says China is ready to work with Spain to build a more resilient and dynamic comprehensive strategic partnership
00:16and enhance both nations' global influence.
00:21During their meeting, Xi and King Felipe witnessed the signing of several corporation agreements to strengthen bilateral ties.
00:28China is Spain's largest trading partner outside the EU, with bilateral trade totaling $48.6 billion in 2023.
00:37Madrid has also deepened their economic engagement with China since the EU imposed tariffs on Chinese-made electric vehicles in June 2024,
00:46sending Prime Minister Pedro Sanchez to Beijing three times in the past years.
00:51Beijing, meanwhile, is seeking to ease trade tensions with the bloc as U.S. President Donald Trump's tariffs weigh on Chinese exports.
00:59Last week, China proposed resuming investment talks with the EU that have been frozen since 2021.
