China and EU agree on 16-point trade and investment outcomes
China and the European Union have agreed on a 16-point list of outcomes following the second meeting of their trade and investment consultation mechanism in Beijing.
Chinese Commerce Minister Wang Wentao and European Commissioner for Trade and Economic Security Maros Sefcovic held two days of talks covering trade and investment balance, export controls, intellectual property protection and World Trade Organization reform.
Both sides reaffirmed their intention to manage differences within the WTO framework and continue working to stabilize bilateral economic and trade relations and make them more balanced.
China and the EU will continue exploring possible tariff reductions on certain goods. Talks will also continue on price undertakings and review procedures linked to the EU's anti-subsidy investigation into Chinese electric vehicles.
On export controls, China will continue facilitating licenses for rare earths and permanent magnets bound for the EU through a "green channel". The EU, meanwhile, will work with member states to ease key licensing cases involving dual-use items.
The two sides also agreed to continue addressing systemic intellectual property issues and deepen cooperation on WTO reform.
According to CCTV+, the third meeting of the mechanism is scheduled for March 2027, while a ministerial-level video conference is planned for January.
