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.

Advertising

Advertising

Advertising

Advertising

Advertising

the European Sting Milestones

Featured Stings

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

To my Chinese friend

Human rights chief calls for international probe on Venezuela, following ‘shocking accounts of extrajudicial killings’

An open letter from business to world leaders: “Be ambitious, and together we can address climate change”

THE COMMITTEES: From the colonies to the space race – past, present, future converge in Fourth Committee

Inegalitarian taxation on labour haunts Europe’s social model

Postal workers in France are helping elderly people fight loneliness

Eurozone banks to separate risky activities: Can they stay afloat?

Joint advocacy letter template to sign and ratify the Treaty on the Prohibition of Nuclear Weapons

Nuclear test ban treaty critical to global collective security – UN chief

Water supply a human right but Greeks to lose their functioning utilities

Lack of involvement, or lack of opportunities?

UN condemns deadly attack against G5 Sahel force headquarters in Mali

FROM THE FIELD: A UN peacekeepers-eye view of DR Congo

Libya: ‘Substantial civilian casualties’ in Derna, UN humanitarian chief ‘deeply concerned’

EU-Russia relations: the beginning of a warmer winter?

What can stop the ‘too big to fail’ bankers from terrorising the world?

The European Parliament double-checks the EU 2014-2020 budget

Job automation risks vary widely across different regions within countries

Want a more inclusive society? Start with mobility

New chapters in EU-China trade disputes

UN urges ‘restraint’ in Bangladesh’s post-presidential election violence

Why are the Balkans’ political leaders meeting in Geneva this week?

A Sting Exclusive: “China-Africa Cooperation Sets a Fine Example of South-South Cooperation”, by China’s Ambassador to EU

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

Young people meet in Malta to shape the future of Europe

UN agency chief calls Ethiopia’s revised refugee law ‘one of most progressive’ in Africa

Draghi tells the Parliament the ECB to use all its weaponry; euro slides to parity with the dollar

Canada and EU officially sign the trade agreement that could open-up the road to TTIP

UN chief condemns deadly attacks in Afghanistan

These charts show where the world’s refugees came from in 2017 – and where they’re heading

Imported and EU fisheries products should be treated equally

Why we need both science and humanities for a Fourth Industrial Revolution education

Better care, stronger laws needed to save 30 million babies on the brink of death

Eating less beef and more beans would cut deaths by 5-7%

Commission goes less than mid-way on expensive euro

Is ECB helping Germany to buy cheaply the rest of Europe?

TTIP is not dead as of yet, the 15th round of negotiations in New York shouts

Can Greece’s devastating economy deal with the migration crisis?

Three ways the world must tackle mental health

EU lawmakers vote to reintroduce visas for Americans over “reciprocity principle”

“Access denied”: the Greek health system under pressure

UN chief condemns killing of ‘blue helmets’ in DR Congo, as violence erupts prior to elections

MWC 2016 LIVE: EC adds Brazil to partner tally

Some Prevailing Arguments and Perceptions over the South China Sea Issue Are Simply Wrong

The representatives of the regions and the cities know better what the EU needs on migration, trade, poverty and taxation

Climate Change: a challenge yet to be tackled in medical schools

A Sting Exclusive: “Seize the opportunity offered by Africa’s continental free trade area”, written by the Director General of UNIDO

Climate change will never be combatted by EU alone while some G20 countries keep procrastinating

Guinea-Bissau: Upcoming elections vital to prevent ‘relapse’ into instability, says UN envoy

This is the world’s greenest football club – and you’ve probably never even heard of it

EU to increase spending and improve delivery of education in emergencies and protracted crises

Deal on protecting workers from exposure to harmful substances

From diamonds to recycling: how blockchain can drive responsible and ethical businesses

“Health and environment first of all”, EU says with forced optimism after 7th round of TTIP talks

‘12 million’ stateless people globally, warns UNHCR chief in call to States for decisive action

Bid to raise $5.5 billion for millions of Syrians and their host communities

EU members commit to build an integrated gas market and finally cut dependency on Russia

The ECB still protects the banks at the expense of the EU taxpayers

The way to entrepreneurship in the developing world

A Europe that delivers: EU citizens expect more EU level action in future

More Stings?

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