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On 26 June 2018,
representatives of the European Union (EU) and China met in Beijing for the 7th
Annual EU-China High-level Economic and Trade Dialogue
As an outcome of the meeting, the representatives
agreed to work toward helping the World Trade Organization update its rules on
the transfer of technology in exchange for market access, industrial subsidies
and other trade issues.
Jyrki Katainen, EU Commission Vice President for
Jobs, Growth Investment and Competitiveness, and Liu He, Chinese Vice-Premier
of the State Council, chaired the meeting in Beijing. The two parties also
agreed to develop proposals regarding access to their respective markets. They
plan to exchange proposals at the EU-China Business Summit which is scheduled
to take place in Beijing 12-13 July 2018.
The EU Chamber
of Commerce and China Council for the Promotion of International Trade will host
the Summit, which is held in conjunction with a political summit which will
include leaders including Chinese Premier Li Keqiang and EU Commission
President Jean-Claude Juncker.