Key focus of the China-EU trade and investment consultation mechanism

单集文稿 ...

• 00:01

  daily news and analysis we keep you informed and inspired this is world today china and the european

• 00:11

  union have launched trade and investment consultation mechanism what's the key focus we will also explore

• 00:18

  how china's institutional system guides the country's growth and gas prices are hitting american people's finances

• 00:27

  and travel plans Hello and welcome to World Today.

• 00:30

  I'm Do Hongyu in Beijing.

• 00:32

  To listen to this episode again or to catch up on previous episodes,

• 00:36

  you can download our podcast by searching World Today.

• 00:43

  Our first story.

• 00:44

  China and the European Union have confirmed the establishment of China-EU trade and investment consultation mechanism.

• 00:51

  Chinese Commerce Minister Wang Wentao

• 00:53

  and European Commissioner for Trade Maros Sefcovic held the first meeting of the framework in Brussels.

• 01:00

  The two sides identified four initial work streams,

• 01:04

  which include trade and investment balancing, export controls, intellectual property rights, and WTO reform.

• 01:11

  They also agreed to establish a joint mechanism to exchange data, monitor trade flows,

• 01:17

  and support technical work to improve transparency, enhance mutual trust, and manage trade frictions.

• 01:25

  For more, we are joined by Dr. Zhou Mi,

• 01:27

  Senior Research Fellow with the Chinese Academy of International Trade and Economic Cooperation.

• 01:33

  Thank you so much for joining us, Dr. Zhou.

• 01:36

  First of all, why is it necessary to establish this trade and investment consultation mechanism?

• 01:42

  And what challenges are China and the EU trying to solve through this platform?

• 全部文稿