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22.12.2010
China's economy has become the market due to EU
China's economy has become the market due to EU

China agreed with the EU that the EU would consider lifting restrictions on exports to China of high-tech products, reported by local media citing Vice Premier of the State Council Wang Qishan.

It is worth noting that the topic was discussed at a meeting of trade and economic dialogue China-EU relations.

In this case, according to Chinese media the EU agreed with China to accelerate the training of investment treaty. Also, the European Union agreed to help China achieve recognition of market economy of China.

Recall that in today's EU - the biggest trade partner of China. For example, last year the trade turnover between the countries amounted to 429 billion dollars. And for 11 months of 2010 its volume has reached 433, $ 9 billion. In this case, the European Union deficit remains a major problem in bilateral trade between the EU and China. To work around this snag, according to the Chinese side, it is necessary to increase exports to China high-tech products, according to europeunion.net

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