9/25/2023, 2:58 PM (Source: TeleTrader)
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He: China, EU to boost microeconomic policy coordination

Chinese Vice Premier He Lifeng met with European Trade Commissioner Valdis Dombrovskis in Beijing on Monday and said the two sides agreed to strengthen coordination and communication of microeconomic policies and jointly tackle global challenges including food and energy crises.

China and the EU also committed to protect multilateral trade "with the World Trade Organization at its core" and oppose protectionism. The two sides agreed to "build trustworthy industrial supply chains and oppose decoupling and severing supply chains," He said. They also vowed to offer "fair and non-discriminatory business environments" for each other businesses.

Baha Breaking News (BBN) / DJ