No, as a good example for keeping your data sovereign. What you do with said sovereignty is another matter - I expect that part would play out differently in the EU than in China.
I wouldn't be too sure of the EU being a particular strong stalwart of public institutions vis a vis privacy.
They keep trying to hammer through anti-encryption or logging or scanning laws.
Big picture, there isn't a government in the world that is better for their citizens than the EU, but it's more like least-worst.
For example, free speech is a thing that the EU or its national governments love to encroach on and I am quite envious of the fiery defense it gets in the US.
China is especially good as an example because it shows that most tech companies can be made to bend to their regulatory whim. Europe is hesitant in that regard for fear of getting left behind. China shows that this fear is mostly unfounded.
And in cases where Western companies don't want to invest in China due to their regulations, local alternatives seem to quickly pick up the slack and over time even become better than their Western counterparts (at least in certain aspects). Just look at all those Chat+Payment things over there.
> Europe is hesitant in that regard for fear of getting left behind. China shows that this fear is mostly unfounded.
It's hard to transplant the Chinese experience elsewhere. Not only due to Europe's current far greater dependence on American software and cloud providers, but also due to China's far larger pool of technical expertise, likely resulting from many decades of heavy emphasis on math and science education, together with far greater social and monetary rewards. I doubt that European politicians or their electorates have the patience for a big turnaround that may not start to pay off for several decades or even generations.
Thankfully, we have parts of the ex soviet bloc that had the same heavy emphasis on math and science. You wouldn't believe the number of Romanian software engs I've worked with.