The Impact And Countermeasures Of European Sovereign Debt Crisis On China-EU Economic And Trade Relations

European sovereign debt crisis not only hit the European economy, but also had asignificant impact on world economy. It became the largest factor that influence s theglobal economic recovery of the post-crisis era. China and the EU are closest tradingpartners of each other，therefore, development status of EU economy will have greatimpact on economic and trade cooperation between China and EU. Given that theprospects of European sovereign debt crisis is not yet clear, we should pay closeattention to the dynamics of European sovereign debt crisis and analyze deeply itsimpact on China-EU trade and economic cooperation. By doing above, we can takeactive measures to reduce the negative impact and take advantage of its opportunities.It is of great significance for China and EU working together to deal with the crisis andfurther deepen economic and trade relations.This paper is divided into four parts. The first part is introduction, focusing ontopic significance, literature review, research methods, and the possible innovation.The second section describes the evolution of European sovereign debt crisis, itscauses and action mechanism. The third section describes impact of the Europeansovereign debt crisis on China-EU economic and trade relations. In summary, it is botha challenge and an opportunity. China should make full use of the opportunitiesbrought by European sovereign debt crisis, and take effective measures to reduce theadverse effects to further strengthen Sino-EU economic and trade cooperation. As tohow, there are some recommendations in the fourth part.