On December 15, Vice Premier Liu He delivered a written speech at the fifth round of China EU Business Leaders and Former Senior Officials Dialogue. At present, the international political and economic situation is undergoing profound and complex changes, and the factors of instability, uncertainty and insecurity are increasing significantly. Against this special background, China EU relations are particularly important. Liu He stressed that trade and investment cooperation is the closest interest bond between China and Europe. China is willing to actively expand cooperation with the European side in the fields of economy and trade, green, digital, finance, science and technology, and jointly safeguard the multilateral trading system with the WTO at its core. The ninth China EU High level Economic and Trade Dialogue was successfully held in July this year, and important consensus was reached in many areas. The two sides are working together to actively promote implementation and strive to seize the opportunity to achieve more tangible results. The negotiation of the China EU Investment Agreement took seven years to complete, and the results were hard won. I believe that both sides have enough wisdom to find a way to continue to move forward. Liu He pointed out that we are extremely confident that China's economy will achieve an overall improvement next year. Real estate is a pillar industry of the national economy. In view of the current downside risks, we have introduced some policies and are considering new measures to improve the industry's balance sheet and guide market expectations and confidence to recover. In the future, China's urbanization is still in a rapid development stage, and there is enough demand space to provide support for the stable development of the real estate industry. (Liu Xinshe)