Speeches of Vice Premier LIU He and Vice President of the European Commission Jyrki Katainen at the Press Conference of the Seventh China-EU High-level Economic and Trade Dialogue

Katainen Liu He China Beijing 2018

Handshake between Liu He, Chinese Vice Premier and head of the Chinese Delegation, on the right, and Jyrki Katainen. © European Union , 2018 / Source: EC – Audiovisual Service.

This article is brought to you in collaboration with the Chinese Mission to EUChinese Mission to EU.

Dear friends from the press,

Good afternoon!

Vice President Jyrki Katainen and I co-presided over the 7th China-EU High-level Economic and Trade Dialogue this morning. The two sides had in-depth, pragmatic, efficient and productive discussions. The Dialogue is indeed a success. Observing the theme of “Supporting and promoting globalization, deepening and expanding China-EU cooperation”, the two sides discussed a broad range of topics of mutual interest and reached a succession of outcomes and consensus. The Dialogue makes a good preparation for the economic and trade agenda of the 20th China-EU Summit.

The Dialogue was held against a very special backdrop when unilateralism and trade protectionism is on the rise and tensions appear in the economic relations between major countries. Both sides agreed to firmly oppose unilateralism and protectionism and prevent such practices from impacting the world economy or even dragging the world economy into recession. The two sides committed to defend the multilateral trading system that is centered on the WTO and based on rules, to promote economic globalization that is more open, inclusive, beneficial to all, balanced, mutually-beneficial and win-win to reform the multilateral trading system and keep it advancing with the times, and to improve the global institutions for economic governance. China believes that all these are in great alignment with the roadmap and timetable of China’s reform and opening-up drive.

The two sides affirmed the positive progress achieved in the negotiations on China-EU Investment Agreement and sought to exchange the offer during the 20th China-EU Summit. The two sides agreed to have the 17th round of negotiations on Geographical Indications Agreement, reach a consensus on the conclusion of negotiations and announce the development at the 20th China-EU Summit.

The two sides exchanged views on the topic of China’s accession to the Government Procurement Agreement and agreed to work together to accelerate the accession process. The two sides agreed to promote market access for agricultural produce and the reciprocal mutual recognition of the certification of organic products. The EU agreed to accelerate the legislative process and formulate a timetable on recognizing the qualification of Chinese certification authorities.

The two sides agreed to continue connecting the Belt and Road Initiative to Europe’s development strategies, promote the positive progress in areas of China-EU Connectivity Platform and China-EU Co-investment Fund, and further the practical cooperation in areas of digital economy, e-commerce, circular economy, and white pollution prevention. The two sides forged a consensus that documents in relation to climate change and the co-investment fund will be signed at the 20th China-EU Summit. The two sides are committed to making the events of China-Europe Tourism Year a great success.

The two sides decided to strengthen financial cooperation. The two sides agreed to pay attention to and work to solve the market access issues facing businesses of both sides and voiced their commitment to trade and investment liberalization and facilitation and creating a convenient and enabling environment for businesses. China hopes that the EU will take practical measures to take substantial steps to relax export control against China.

The two sides had candid exchanges of views on the Report on China’s Market Environment released by the EU and had in-depth discussions on the issue of excess capacity. The Chinese side believed that the fundamental reason to excess capacity is the contraction of aggregate global demand caused by the international financial crisis, and China adopted voluntary measures to increase domestic demand which contributed to stabilizing the world economic growth. Excess capacity is a global challenge, and China stands ready to work with relevant countries in finding a reasonable solution.

We live in an age of great changes, an age in great need of thought and wisdom, as well as solid work and concrete actions. The human being is faced with many common challenges, particularly climate change, deteriorating environment, aging population, cyber-security, terrorism and the double-edged technology revolution. No single country is able to tackle these challenges on its own. Countries of different political systems and cultures shall accommodate, understand, and respect each other, observe the spirit of contract and make collective endeavor to tackle all the known and unknown challenges. Countries shall work together to build a community with shared future for mankind and safeguard the lasting peace of the world. China highly appreciates the professionalism and partnership spirit of Vice President Jyrki Katainen and EU colleagues. Wholeheartedly I hope that China and the EU will stand out as epitome of inclusive, mutual-learning, mutually beneficial and cooperative relationship.

Thank you.

the sting Milestone

Featured Stings

Can we feed everyone without unleashing disaster? Read on

These campaigners want to give a quarter of the UK back to nature

How to build a more resilient and inclusive global system

Stopping antimicrobial resistance would cost just USD 2 per person a year

EU should promote immigration as a humanitarian issue in order to provide a more permanent solution

FROM THE FIELD: Sailing a traditional and sustainable path in Fiji’s tropical waters

Georgia: EU report highlights importance of maintaining reform momentum and depolarising the political environment

Commission refers Denmark to the Court for failing to fulfil its obligations in relation to the name “Feta”

How a 3-point plan could help rebuild business for the long-term

Trade/Human Rights: Commission decides to partially withdraw Cambodia’s preferential access to the EU market

The health of the human being in coexistence with a transformative biosphere

Modern society has reached its limits. Society 5.0 will liberate us

Draghi reserved about Eurozone’s growth prospects

14 innovative projects helping to save the planet and make the world a better place

Germany’s fiscal and financial self-destructive policies

Erasmus+: a turning point in the lives of 5 million European students

Appalling overall unemployment in Eurozone at 20.6%

Greater transparency, fairer prices for medicines ‘a global human rights issue’, says UN health agency

19th EU-China Summit: A historical advance in the Chino-European rapprochement

Why do medical students need to emigrate to become doctors in 2017?

Student-to-Tutor Ratio: if things are to change, why not for the better?

Three scenarios for the future of geopolitics

Statement by the European Commission following the extraordinary meeting of the EU-UK Joint Committee

Cyber-Risk Assessments: the vaccine for companies in the Fourth Industrial Revolution

Brexit: Citizens’ rights remain a key priority for MEPs

How farms are getting closer to consumers in the pandemic

Germany and France only care about keeping their borrowing cheap

Black History Month: What is it and why do we need it?

Crackdown on Christians in Eritrea spurs UN expert to press Government ‘to live up to its international commitments’

Rising landmine blast toll in Afghanistan highlights long-term care needs of survivors

London wants to treat violent crime like a disease

Myanmar military committed ‘routine, systematic’ sexual violence against ethnic minorities, UN experts find

At last a solid base for the European Banking Union

We need impartial LGBT+ news to advance human rights

These are the ‘positive’ tipping points that could slow global warming

Mental health: privilege in coronavirus times

How blockchain can cut the cost of new medicine

Trade war or not New York bankers will have it their way

Britain, EU take edgy steps to unlock Brexit talks as the war of words rages

Africa is creating one of the world’s largest single markets. What does this mean for entrepreneurs?

European Youth Forum welcomes the European Commission’s proposed revision of the Union Code on Visas, however it does not go far enough

3 steps to making multistakeholder partnerships a powerful force

UN rights chief slams ‘unconscionable’ US border policy of separating migrant children from parents

On the Global Day of Parents, UNICEF is urging support for parents to give children ‘the best start in life’

What has a year of experiments taught us about basic income?

The EU Parliament and the ECB unknowingly or unwillingly fail to protect our financial assets

A fresh start on migration: Building confidence and striking a new balance between responsibility and solidarity

Public Health equality in a trench

All for equality – 2020 is a pivotal year for Gender Equality

Distributed ownership: what it means and how it could transform India

UN agencies welcome regional road map to help integrate ‘continuing exodus of Venezuelans’

UN health agency launches week of action to ban lead paint

How leaders can harness the power of finance and technology for social good

Africa-Europe Alliance: EU boosts pan-African Internet connectivity with €30 million

Refugee crisis update: Commission still in panic while Turkey is to be added in the equation

Neither side stands to benefit in US-China trade spat, UN says

Spread of polio still an international public health concern

Commission proposes fishing opportunities in the Atlantic and North Sea for 2019

India is building a high-tech sustainable city from scratch

10 things you – and your government – should know about competitiveness in the Fourth Industrial Revolution

Here are 3 lessons Europe can learn from China’s flourishing start-ups

Young people worldwide can ‘determine the future of migration,’ says UN senior official

Can Pakistan make its energy sector greener, cheaper and more reliable? The government thinks so

EU@UNGA 74: Working towards a more peaceful, secure and prosperous world

More Stings?

Advertising

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s