Safety First: Trilateral Summit in Hangzhou
In a major step forward for global consumers, China, the U.S., and the EU announced strengthened cooperation on product safety standards this week. The powerhouse trio agreed to align regulations, boost oversight, and prioritize consumer protection at their 8th annual summit hosted in Zhejiang Province.
By the Numbers
With $250B+ in annual consumer goods trade between China and the U.S./EU, the new collaboration framework aims to streamline safety checks and risk alerts. Think fewer recalled hair straighters and safer smart devices for Gen Z shoppers worldwide!
16 Years and Growing
Since launching this partnership in 2008, the group has conducted 100+ joint trainings and seminars. Up next: Enhanced tech coordination and real-time data sharing to catch potential hazards faster than you can say 'add to cart.'
Reference(s):
China, U.S. and EU improve consumer product safety cooperation
cgtn.com