China's Commerce Ministry is calling for a collaborative approach to trade with the European Union (EU), emphasizing healthy competition and dialogue to resolve disputes. 🔄 In a statement, officials stressed the need to avoid escalating tensions and address mutual concerns, framing trade as a 'win-win opportunity' rather than a zero-sum game.
🤝 'Leveling the Playing Field'
Recent talks with Chinese businesses in Spain, Portugal, and Greece revealed worries over EU policies that some say unfairly target Chinese firms. Commerce Minister Wang Wentao pushed back, calling claims of 'unfair competition' baseless. 🚫 'True fair competition means lifting everyone up—not pulling others down,' he argued, urging adherence to globally agreed rules.
💡 The Bigger Picture
The EU has ramped up scrutiny of Chinese green tech and EVs, citing market distortion. But Wang countered that innovation and openness—not protectionism—drive progress. 🌱 With China-EU trade topping $783 billion in 2023, the stakes are high for both economies. Will Brussels echo Beijing's call for cooperation? Stay tuned.
