China and EU Seek Greater Stability in Trade Tiesv

He Lifeng conveyed the message to Emmanuel Bonne during a meeting held Tuesday at the Great Hall of the People on Wednesday. Both discussed bilateral cooperation and trade relations between Beijing and Brussels, Xinhua reported.

The official also highlighted the possibilities of expanding economic cooperation with France and expressed Beijing’s willingness to implement the consensus reached by the presidents of both countries.

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Bonne, for his part, conveyed Paris’s readiness to continue promoting positive results in trade and investment consultations between China and the EU.

The French adviser had already defended last Friday, during a meeting with Chinese Foreign Minister Wang Yi, that Europe does not want a trade war with China nor seeks economic decoupling, according to a statement from the Chinese Foreign Ministry.

“Europe’s development needs China,” Bonne said at that meeting, according to the version released by the Chinese Foreign Ministry.

The contacts come after the agreement reached last week between Beijing and Brussels, which contemplates limiting Chinese exports of hybrid vehicles to the EU bloc, facilitating European access to rare earths and reducing tariffs on certain European products.

Source: teleSUR

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