China ‘will­ing’ to seek EU in­vest­ment treaty

China Daily (Canada) - - FRONT PAGE - By ZHAO YI­NAN zhaoy­i­nan@chi­

Pre­mier Li Ke­qiang said the eco­nomic goals of China and the Euro­pean Union can dove­tail nat­u­rally with a win­win strat­egy.

Li made the re­mark in Bei­jing dur­ing a meet­ing with Fed­er­ica Mogherini, the high rep­re­sen­ta­tive of the Euro­pean Union for for­eign af­fairs and se­cu­rity pol­icy. Mogherini is also vi­cepres­i­dent of the Euro­pean Com­mis­sion.

Li said in a writ­ten state­ment that China wants to en­sure sta­ble eco­nomic growth through re­forms and open­ing-up. A closer re­la­tion­ship in trade and in­vest­ment, Li said, will con­trib­ute to both sides’ abil­ity to deal with the global eco­nomic re­ces­sion.

“China is will­ing to push for­ward talks for a bi­lat­eral in­vest­ment treaty” built on the idea of equal treat­ment for in­vestors and Chi­nese com­pa­nies, he said, adding that a treaty would in­clude a “neg­a­tive list” — a nar­row list of ar­eas of­flim­its to out­side in­vestors.

Li praised the progress made in China-EU re­la­tions since the two es­tab­lished bi­lat­eral ties 40 years ago, say­ing that a well-man­aged re­la­tion­ship will have a pos­i­tive im­pact on re­gional and global peace and sta­bil­ity.

Li also said China and the EU should com­mu­ni­cate bet­ter on cli­mate change and work out a sus­tain­able path to­ward en­vi­ron­men­tal sus­tain­abil­ity.

Mogherini, who vis­ited China shortly af­ter tak­ing her po­si­tion, said she sees re­la­tions with China as a pri­or­ity and be­lieves the up­com­ing EU-China lead­ers’ sum­mit will be a key mo­ment to strengthen and ex­pand their ties.

The EU looks for­ward to Li’s at­ten­dance at the sum­mit, which is de­signed to boost mu­tual in­vest­ment and eco­nomic co­op­er­a­tion, Mogherini said.

Mogherini is lead­ing an EU del­e­ga­tion at a regular strate­gic dia­logue with top Chi­nese of­fi­cials, where the two sides ex­change views and de­velop po­lit­i­cal and eco­nomic com­mon ground.

She told Xin­hua News Agency in an ear­lier in­ter­view that she would dis­cuss a num­ber of crises, such as the sit­u­a­tions in Ukraine, the Mid­dle East, Afghanistan and Libya, as well as dis­cuss how to pre­vent oth­ers.

The EU is China’s big­gest trad­ing part­ner, while China is the EU’s sec­ond-largest. Bi­lat­eral trade stood at 467 bil­lion eu­ros ($519 bil­lion) last year.

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