China's Commerce Ministry urges the European Union to embrace healthy competition and foster win-win cooperation. In a recent initiative, the ministry emphasized the importance of addressing economic and trade frictions through open dialogue and consultation.
Chinese Minister of Commerce Wang Wentao addressed concerns raised by some EU business representatives who allege that Chinese enterprises face suppression under the guise of \"fair competition.\" Wang dismissed these accusations as unfounded, asserting that true fair competition involves self-improvement and adherence to international rules agreed upon by all nations.
The ministry has been proactive in engaging with Chinese-funded businesses across Spain, Portugal, and Greece, aiming to bridge gaps and promote mutual understanding. Wang highlighted that fair competition should be open, cooperative, equal, and mutually beneficial, discouraging exclusive practices that hinder global economic exchange.
By advocating for a balanced and respectful economic relationship, China's Commerce Ministry seeks to ensure that international trade remains a cornerstone of global development and prosperity.
Reference(s):
China's commerce ministry calls for healthy China-EU competition
cgtn.com
