3
Oct
2023
Watch
Question Time with Commissioners – EU-China trade relations
Commissioner, thank you for being here today with us for discussing a matter of pivotal importance such as the future of our trade relationship with China, a country that we see as a partner in the fight against global challenges, an economic competitor and also a systemic rival. Last week you spoke at Tsinghua University and you rightfully insisted on the concept of reciprocity. Also, in light of the fact that our trade relations with China are becoming more and more unbalanced, how can we reverse this trend? Is there any action plan for reducing this trade gap? What about critical technologies and rare earths? These are two fields in China has a remarkable advantage at the global level. Furthermore, as stated by the President Ursula von der Leyen during the State of the Union, the Commission will launch an investigation over Chinese state subsidies in the production of electric vehicles. I believe that the result of the investigation will be pretty clear and straightforward. Therefore, I would like to ask you whether you are already working on a plan to counter these distortions of the market.