How can China and EU come closer?

Bilateral trade between China and the EU last year reached US$786 billion with investment rising to US$260 billion. Yet friction remains as the EU has moved to curb the access of Chinese medical device makers to public procurement contracts and imposed high tariffs on Chinese electric vehicles. This comes after the EU designated China as "a partner for cooperation, an economic competitor, and a systemic rival". How well will this approach play out? What are the expectations for China-EU trade relations going forward? How are U.S. protectionist policies impacting China-EU relations?