Europe
2025.07.24 01:30 GMT+8

Athens and Shenzhen just got closer in flurry of business deals

Updated 2025.07.24 01:30 GMT+8
Evangelo Sipsas in Athens

Athens just played host to a high-powered meeting that could reshape Greece's economic future – by way of Shenzhen.

In a packed conference hall in central Athens, Chinese and Greek business leaders signed a flurry of long-term cooperation agreements. From digital innovation and smart ports to green hydrogen corridors and AI research hubs, the two sides are turning years of dialogue into tangible projects – fast.

Among the nearly 200 attendees were senior officials from Shenzhen's Longhua District and high-ranking Greek politicians, including Dimitris Avramopoulos, a former mayor of Athens and ex-minister, who called the moment "a declaration of intent."

"What I saw in Shenzhen wasn't just growth," he said. "Now Greece and China can turn two millennia of dialogue into real ventures in AI, drones, and biomedicine."

And the numbers back it up. According to the Chinese Embassy in Athens, Greek exports to China shot up by 80 percent in just the first five months of this year. China is already Greece's top trading partner outside the EU, and the economic ties keep deepening.

"We want to increase imports from Greece while expanding trade overall," said Li Ying, Counsellor at the Chinese Embassy's Economic and Commercial Office. She also highlighted a $300-million innovation fund aimed at helping Chinese firms launch into the EU from Greek soil.

The cooperation isn't just on paper. Chinese electric buses are already operating in Greek cities, while plans for autonomous cargo handling in Piraeus—and even a hydrogen-powered ferry—are now in motion.

He Yiming, from Longhua's Investment Promotion Center, called Europe "China's most dynamic frontier" and Greece "the gateway." He invited Greek firms to expand into Shenzhen's tech-heavy Longhua district, where green bonds, port logistics and quantum-secure communications are all on the table.

George Xiradakis, head of the Greek Banking and Financial Executives Association, echoed the sentiment: "This started with shipping, but has expanded into culture, tech, and business. Greece is the natural bridge." 

Next stop? Shenzhen in November, followed by another round of meetings in Athens next spring. Officials are calling it a "paper to projects" pipeline – where today's signatures lead to tomorrow's infrastructure.

And if the pace keeps up, Greece won't just be Europe's door to Chinese innovation – it could be the showroom.

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