China and the European Union have agreed to deepen economic and trade cooperation during high-level talks in Beijing, marking a milestone in their diplomatic relations. The discussions between Chinese Vice Premier He Lifeng and European Commissioner Maros Sefcovic focused on expanding mutual openness and resolving differences through dialogue, signaling renewed commitment amid global economic uncertainties.
Vice Premier He, a senior member of the Communist Party of China Central Committee Political Bureau, emphasized China's willingness to strengthen coordination with the EU, stating: "We must handle economic and trade differences properly while safeguarding the multilateral trading system". The remarks align with this year's 50th anniversary celebration of diplomatic ties between the two powers.
Sefcovic, representing the EU's trade and economic security portfolio, acknowledged China's role as a "key partner" and supported using the anniversary to enhance collaboration. Both sides explicitly rejected unilateral protectionist measures – a pointed reference to global trade tensions.
The agreement comes as businesses and investors watch for concrete steps in market access adjustments and trade dispute resolution mechanisms. Analysts suggest this development could stabilize supply chains across multiple industries while creating new opportunities in green technology and digital infrastructure sectors.
