Chinese Foreign Minister Wang Yi told a delegation of European lawmakers in Beijing on Tuesday that China ​and the EU should promote an “upward dynamic balance” in ‌bilateral trade ties from a long-term perspective, according to a statement from China’s foreign ministry.

  • China and Europe are partners rather than rivals” ​and their interests are deeply intertwined, Wang told a ​delegation from the European Parliament’s Foreign Affairs Committee, the ⁠ministry summary showed.
  • “The two sides should uphold the overarching ​orientation of partnership, and view and handle specific issues that ​arise in the course of the development of bilateral relations within this framework,” said Wang.
  • He said China was willing to enhance coordination and cooperation ​with Europe in global affairs.
  • The EU has been weighing tougher ​measures to curb its growing trade deficit with China. Diplomats say there ‌has ⁠been a gradual convergence of views among EU member states that there is a problem with the goods trade deficit.
  • China and the EU are due to hold trade talks under a ​trade and investment ​consultation mechanism ⁠later this year. The EU’s trade chief has said he wants results on trade talks by October.
  • Wang ​called on the European lawmakers to promote “a ​rational and ⁠objective perception of China … and the adoption of positive and correct policies toward China” in the European Union, the summary ⁠showed.
  • Wang set ​out China’s position on issues including ​trade imbalances, the Ukraine crisis, human rights and artificial intelligence, his ministry said.

https://www.reuters.com/world/china/chinas-foreign-minister-discusses-trade-balance-with-eu-lawmakers-2026-07-21

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