China and the European Union (EU) have committed to enhancing trade cooperation and addressing economic disagreements through dialogue, following high-level consultations in Beijing. The discussions, co-chaired by Chinese Commerce Minister Wang Wentao and European Commissioner for Trade and Economic Security Maroš Šefčovič, were part of the second meeting of the China-EU trade and investment consultation mechanism.
Throughout the meeting, both parties underscored the importance of resolving disputes constructively and maintaining stable economic relations. Key topics included trade imbalances, export controls, intellectual property rights, and the reform of the World Trade Organization (WTO). Additionally, discussions addressed improving market access, strengthening trade monitoring, and exploring potential tariff reductions on certain goods within the framework of WTO rules.
The trade of electric vehicles emerged as a significant focus, with both China and the EU reviewing price undertakings related to the EU’s anti-subsidy case involving Chinese electric vehicles. They agreed to continue conversations aimed at addressing export control concerns, facilitating compliant trade, and ensuring stable global supply chains.
Regulatory issues affecting various sectors, such as pharmaceuticals, medical devices, cosmetics, and agricultural products, were also on the agenda. Furthermore, both sides expressed interest in expanding cooperation in fields like artificial intelligence, renewable energy, digital services, and green technology. They highlighted opportunities to increase mutual investment and emphasized the need for fair, transparent, and predictable business environments for companies operating in each other’s markets.
The consultations concluded with a commitment to implement the agreed outcomes and continue negotiations. Looking ahead, China and the EU plan to hold a ministerial-level video meeting in January 2027, followed by the third trade and investment consultation meeting in March 2027.