Joint Statement from the Second Meeting of the China-EU Trade and Investment Consultation Mechanism

Stock News10-09

The Ministry of Commerce has announced that on October 8-9, 2026, Chinese Commerce Minister Wang Wentao and European Commission Executive Vice-President for Trade and Economic Security Maros Sefcovic held the second meeting of the China-EU Trade and Investment Consultation Mechanism in Beijing.

Both sides conducted pragmatic and productive discussions and formed a list of outcomes and consensus. The two sides reaffirmed that, as key trading partners, they will properly handle their differences within the framework of WTO rules, and are committed to continuing to stabilize bilateral economic and trade relations and making them more balanced.

The two sides agreed to convene the third meeting of the Mechanism in March 2027, and to maintain close communication before then, including a ministerial-level video conference in January.

List of Outcomes and Consensus

Trade and Investment Balance

1. Both sides will continue to explore the possibility of reducing tariffs on certain goods within the framework of WTO rules.

2. Both sides will continue to strengthen communication and cooperation under the trade monitoring mechanism, and further actively leverage the role of the dialogue mechanism to enhance mutual understanding.

3. Following intensive consultations, both sides reached an understanding on hybrid vehicle trade in a manner consistent with WTO rules.

4. Both sides recalled the guidance document on price undertakings in the electric vehicle countervailing case, and will continue with the relevant procedures for company-specific price undertakings and the review in the electric vehicle countervailing case.

5. Both sides will continue to maintain dialogue on market access issues for medical devices. The EU side welcomes the measures taken by China to expand imports of EU medical devices, including holding a procurement matchmaking event during the ninth China International Import Expo.

6. On the basis of risk assessment, China will accelerate the recognition of regionalization principles for eligible EU member states. Both sides agreed to exchange views on methods and technologies for disease control, and to jointly explore ways to lift restrictions on imports of bluetongue disease from relevant member states into China.

7. Both sides agreed to continue technical exchanges on computer reservation systems. Both sides agreed to continue follow-up consultations on their respective regulatory frameworks for cosmetics and pharmaceuticals, in order to further address existing and emerging market access issues.

8. Both sides agreed to hold technical dialogue on the EU Foreign Subsidies Regulation (FSR).

9. The EU side clarified that the EU's financing guidance document for inverter projects does not target any specific country, and both sides will hold further consultations on this issue.

10. Both sides agreed to explore investment cooperation to promote each other's economic development, and to discuss future-oriented cooperation.

Export Controls

11. Both sides reaffirmed the need to further strengthen China-EU export control dialogue, and welcomed enhanced communication and exchanges on their respective export control policies, including through issuing policy guidelines, organizing government-enterprise exchange activities, and holding training sessions.

12. Both sides endorsed the importance of enhancing the predictability and stability of global industrial and supply chains. China is willing to continue facilitating the licensing review for exports of rare earths and permanent magnets to the EU through the "green channel" mechanism. The EU side will continue to work with member states to facilitate key dual-use licensing cases involving China.

13. Both sides reaffirmed their commitment to addressing concerns in the field of export controls, and discussed the possibility of studying and introducing structural facilitation measures regarding compliant China-EU dual-use item trade.

14. Within the framework of the export control dialogue mechanism, both sides reached an understanding to provide advance notification before listing, improve the transparency of listing and delisting procedures, and support the initiation of delisting procedures under their respective legal frameworks.

Intellectual Property

15. China and the EU have begun addressing systemic intellectual property issues and have made progress. Both sides agreed to continue cooperating to resolve related issues and set phased targets, focusing on effective and fair intellectual property protection and enforcement, and greater transparency and predictability. Both sides agreed to monitor progress through the China-EU Intellectual Property Working Group.

WTO Reform

16. Both sides agreed to further strengthen bilateral communication and cooperation on WTO reform in an open and constructive manner. Both sides committed to participating in WTO reform and agreed to discuss all relevant issues with a view to achieving substantive progress.

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