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2018-06-27 | Beijing

Chamber Briefed on 7th EU-China HED by Commission Vice President Katainen

On 25th June a small delegation led by Mats Harborn, president of the European Chamber, met with European Commission Vice President Jyrki Katainen. Vice President Katainen was in Beijing to meet with Premier Li Keqiang and Vice Premier Liu He as part of the 7th High-level Economic and Trade Dialogue (HED) between the European Union (EU) and China.

The Vice President briefed the delegation on some of the key points made during the dialogue, such as news that the EU and China will exchange market access offers at the EU China Business Summit as part of their ongoing negotiations towards a Comprehensive Agreement on Investment. Vice President Katainen also informed Chamber representatives that the EU and China would be ready to sign a Memorandum of Understanding on the circular economy at the summit.

Vice President Katainen asked industry representatives about the ‘on-the-ground reality’ and how the European Commission could continue supporting European businesses operating in China. The Chamber delegation shared their concerns and insights on behalf of the banking, chemical, energy, auto, ICT, aviation and construction industries. The meeting concluded with an open discussion on the topics of China’s cyber security environment and global trade tensions.

For more details of what was discussed at the 7th High-Level Economic Trade Dialogue, the EU Commission’s press release can be found below.