China: Trade Dialogue with the European Union is Constructive

China: Trade Dialogue with the European Union is Constructive

Sep 27, 2023 - 09:09
China: Trade Dialogue with the European Union is Constructive
China: Trade Dialogue with the European Union is Constructive

  China's Ministry of Commerce stated that the 10th round of high-level trade and economic dialogue between Beijing and the European Union was held constructively, honestly and fairly. This year marks the 20th anniversary of the establishment of a comprehensive strategic partnership between China and the European Union. Xinhua reported that the Chinese Ministry of Commerce announced Tuesday (26/9/2023) that the European Union and China had reached a consensus on macroeconomic policy coordination, industrial and supply chain cooperation, business progress and development, reform of the World Trade Organization, as well as bilateral cooperation. and regulations. The Chinese Ministry of Commerce also added that both sides agreed that dialogue and cooperation are necessary for mutual development and prosperity. Valdis Dombrovskis, the EU's head of trade affairs, who traveled to China as head of the EU's trade delegation, said the EU had no intention of breaking away from China as one of the EU's biggest trading partners. According to him, trade relations between the two parties must be strengthened.