EU-China Relations: An Update for Business

“China remains one of our most important yet challenging partners”, Markus J. Beyrer said at an EU-China seminar hosted at BusinessEurope. Speakers agreed that a number of longstanding issues for European business in China have become a higher priority since the slowing down of economic growth in China. “In order to address the current imbalances in terms of opportunities and market access, the EU-China relationship requires greater levels of reciprocity. Instead of closing down the European market, this means we need to look for ways to make business in China easier for foreign companies.” Mr Beyrer continued. At a time when Europe continues to face economic challenges and is negotiating a number of trade agreements, we have to demonstrate that trade makes sense and that trade delivers jobs and growth. Addressing imbalances is an important way of achieving this objective. The EU-China Seminar was co-organised with the European Union Chamber of Commerce in China and the EU-China Business Association. - Photos