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December 3, 2021

China-Europe strategic plan “unprecedented”

Chinese Premier Li Keqiang Thursday described as “unprecedented” a plan for bilateral cooperation between China and Europe, Xinhua reports. “The plan is unprecedented in its breadth of content, ranging from aerospace and counter-piracy to urbanization and energy,” Li told reporters after a 90-minute meeting with European leaders at the Great Hall of the People, attended by European Council President Herman Van Rompuy and European Commission President Jose Manuel Barroso. Li called the plan a “roadmap” for China-Europe cooperation until 2020, and said that China and Europe would also start talks on a bilateral investment protocol. The two sides were set to also discuss the feasibility of a free-trade agreement and work towards the goal of increasing bilateral trade to one trillion U.S. dollars by 2020. Both sides agreed to keep their markets open, oppose protectionism and deal with trade disputes through dialogue and friendly consultation.
Following the Summit, Li, Rompuy and Barroso witnessed the signing of three deals on energy, intellectual property rights and agri-technology.
A day ahead the 16th China-EU Summit in Beijing, President Xi Jinping China and the EU to properly position their comprehensive strategic partnership amid the process of globalization so as to forge ahead with bilateral cooperation. Xi said China and the EU are two major forces in maintaining world peace, two important markets to promote common development and two civilizations to advance the cause of human progress.

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