Spokesperson of the Ministry of Foreign Affairs on China Europe Economic and Trade Relations: Open Cooperation is the Right Way

2024-06-05

Spokesperson Mao Ning of the Ministry of Foreign Affairs stated on the 4th that China has always believed that the essence of China Europe economic and trade relations is mutual benefit and win-win, protectionism has no future, and open cooperation is the right path. We hope that the European side will abide by its commitment to adhering to free trade and opposing protectionism, and work together with China to safeguard the overall situation of China Europe economic and trade cooperation. At the regular press conference on the same day, a reporter asked: On the 2nd, EU Foreign and Security Policy High Representative Borrell stated in an interview that it is very difficult to "decouple" from China and hopes to continue maintaining a mutually beneficial relationship, but it must be fair and balanced. Europe will not follow the United States in imposing tariffs on China, and a trade war must be avoided. We believe in free trade, but freedom must be fair. What is the spokesperson's comment on this? "China has always believed that the essence of China Europe economic and trade relations is mutual benefit and win-win, protectionism has no future, and open cooperation is the right path." Mao Ning said that China and the European Union are each other's second largest trading partners, with an average trade volume of nearly 1.5 million US dollars per minute. The stock of bilateral investment between China and Europe has exceeded 250 billion US dollars, and companies from both sides are continuing to invest more in each other's markets. The cumulative number of China Europe freight trains has exceeded 90000, making it a true "golden channel" for Asia Europe trade. It can be said that a pattern of supply chain, industrial chain, and value chain integration and deep embedding has been formed between China and Europe. Mao Ning stated that China will adhere to promoting high-level opening-up to the outside world and is committed to providing an open, inclusive, and transparent business environment for enterprises from all countries. We hope that the European side will abide by its commitment to adhering to free trade and opposing protectionism, and work together with China to safeguard the overall situation of China Europe economic and trade cooperation. (Lai Xin She)

Edit:Yi Jing    Responsible editor:Li Nian

Source:XinhuaNet

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