EU Commissioner's Strategic Visit to China Aims at Trade Balance
In a significant move to recalibrate trade relations, European Commissioner for Trade and Economic Security Maros Sefcovic is set to visit China from March 27 to March 28. The visit underscores the EU's commitment to achieving a more balanced and cooperative trade relationship with China, emphasizing reciprocity, transparency, and mutual benefit.
Key Meetings on the Agenda
During his stay in Beijing, Sefcovic will engage in high-level discussions with Chinese officials, including Vice Premier He Lifeng, Minister for Customs Sun Meijun, and Minister for Commerce Wang Wentao. These meetings are pivotal in addressing the EU's concerns and exploring avenues to align Chinese investments in the EU with the bloc's strategic priorities and policy objectives.
A Partnership Worth Billions
With EU-China trade relations valued at €730 billion annually, the outcomes of these talks could have far-reaching implications for both economies. The EU's proactive stance reflects its determination to safeguard its economic interests while fostering a sustainable and equitable partnership with China.
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