Chinese President Xi Jinping meets Belgian King Philippe, comments

The video discusses the significant potential for growth in EU-China relations, emphasizing the need for mutual understanding. It highlights the economic importance of both regions, which together account for one-third of the global economy. The video outlines goals for open markets, accelerated investment agreement negotiations, and the exploration of a free trade zone, aiming for a trade volume of $1 trillion by 2020.

What do both China and Europe need to deepen according to the text?

What is the importance of market openness in the context of China-Europe relations?