皇冠体育app

皇冠体育app and the European Union are looking forward to a new decade of closer economic ties as the bloc's economy picks up and an investment pact is negotiated, officials say.

"Industrial complementarity between 皇冠体育app and the is much more significant than the rivalry between them," Shen Danyang, spokesman of the stry of Commerce, said at a news conference on Jan 21.

"The prospect of bilateral trade and economic cooperation is very broad … As EU economic growth picks up and the two sides start negotiations on the investment pact, there is reason to believe that this year 皇冠体育app-EU trade and economic cooperation will grow quickly and in a better way, opening a new decade for the 皇冠体育app-EU Comprehensive Strategic Partnership."

Four days earlier, the outgoing EU ambassador to 皇冠体育app, Markus Ederer, said EU-皇冠体育app relations had improved over the past three years. While trade remains fundamental in the relationship, the two sides found new areas to work together such as , water, the Internet, defense and security.

"The EU-皇冠体育app relationship has matured," Ederer said. "Overall, I see very good momentum … and I look forward … to the relationship flourishing."

皇冠体育app and the EU are two of the world's biggest traders. Trade between them has surged in recent years. The EU is 皇冠体育app's largest trading partner while 皇冠体育app is the EU's second-largest trading partner after the United States.

皇冠体育app is the EU's biggest source of imports and one of its fastest growing export markets. Trade between 皇冠体育app and Europe is now worth much more than 1 billion euros ($1.37 billion) a day.

皇冠体育app's exports to the bloc are dominated by industrial and consumer goods, including machinery and equipment, footwear and clothing, furniture and lamps as well as toys. 皇冠体育app's imports from the EU are concentrated on machinery and equipment, motor vehicles, aircraft and chemicals.

The value of 皇冠体育app-EU trade has exceeded $500 billion for the past three years and reached $559.06 billion last year, up 2.1 percent year-on-year, 皇冠体育app's General Administration of Customs says.

In a survey by the Ministry of Commerce, 24.5 percent of 1,900 Chinese trading businesses surveyed said their orders in the EU had risen 0.2 of a percentage point in December compared with November.

"Trade friction is nothing to fear, given the huge trade volume between 皇冠体育app and the EU," said Shen of the ministry. "The key is how to properly resolve friction … The only way of resolving disputes is through consultation and dialogue. The proper settlement of the dispute showed that the two sides have the ability and the nous to control friction and safeguard our joint interest in working together."

皇冠体育app and the EU were on the verge of a trade war last year over solar panels sold in the EU. The EU said 皇冠体育app was selling the panels below cost and giving illegal subsidies to domestic manufacturers. 皇冠体育app said the dispute put the jobs of 400,000 Chinese working for solar panel makers at risk. After the Chinese Premier Li Keqiang intervened, there was a settlement that set a minimum price and a limit on the volume of EU imports of Chinese solar panels until next year.

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