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Wang Yi: China and the EU Should Be Partners for Green Development, Digital Development and Free Trade

On the evening of December 16, 2019 local time, State Councilor and Foreign Minister Wang Yi delivered a speech at the "Sixty-Minute Briefing" Event of the European Policy Center. Wang Yi said, China and the EU should enhance synergy of our respective strengths to advance cooperation to the best of our ability.

Wang Yi said, China is building an open economy. We welcome European countries to seize the opportunities to scale up investment in China and explore this huge market of 1.4 billion people. We also hope that the EU will keep to the principles of market economy and create a level playing field for Chinese enterprises, not least by upholding fairness and justice and making well-informed and independent judgment on 5G issues. By increasing the link-ups between high-quality development of the Belt and Road Initiative and implementation of the EU’s strategy on connecting Europe and Asia, we will break new ground and unlock new potential for cooperation.

Wang Yi expressed, China and the EU should be partners for green development. The new European Commission has launched its "European Green Deal", while China is gearing up to advance its ecosystem conservation. Green growth, circular economy and renewable energy can well be new growth areas of China-Europe cooperation. China and the EU should be partners for digital development. We have respective strengths in high technology, digital economy and the new generation of information technology. Much can be done if we combine our strengths and work together on smart cities, AI, data security and technological rules and standards. China and the EU should be partners for free trade. Apart from a high-quality investment agreement, we should work for an early start of negotiations on a free trade agreement, or at least the launch of feasibility studies on that front.

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