China Signals Commitment to Stabilizing Trade Relations with European Union
China seeks to bolster economic ties with the EU, focusing on supply chain stability and growth in green and digital sectors following high-level talks.
POLICY WIRE — Beijing, China — Chinese Vice Premier He Lifeng has signaled a readiness to collaborate with the European Union to infuse greater stability and positive momentum into bilateral economic and trade relations. During a meeting in Beijing with French diplomat Emmanuel Bonne, the Vice Premier emphasized the importance of maintaining a constructive path for the partnership.
Premier Li Qiang noted on Monday that the China-EU relationship currently navigates a landscape defined by both significant development opportunities and emerging challenges. Officials from both sides agreed that maintaining healthy economic ties serves their mutual interests while providing necessary certainty to global supply chains.
Following two days of negotiations in Hong Kong, top trade envoys reached a broad initial agreement aimed at de-escalating recent trade tensions. The discussions highlighted a shared commitment to improving the predictability of industrial chains and strengthening communication regarding export control policies for dual-use items.
China’s Ministry of Commerce identified substantial potential for cooperation in artificial intelligence, new energy, and green low-carbon initiatives. Vice Premier He Lifeng expressed a desire to expand the scope of cooperation, promote balanced trade development, and foster new growth points in scientific and technological innovation.
The European Union has indicated its intent to enhance investment and trade collaboration with China. Both parties aim to manage existing differences effectively while cultivating a favorable environment for business and industrial stability.
Reporting by Policy-Wire (PW)
