Translated by Claude, edited by Sinocism.com

On June 29, 2026, Minister of Commerce of the People's Republic of China Wang Wentao and European Commissioner for Trade and Economic Security, Interinstitutional Relations and Transparency Maroš Šefčovič held the first meeting of the China-EU Trade and Investment Consultation Mechanism in Brussels.

2026年6月29日,中华人民共和国商务部部长王文涛与欧盟委员会贸易和经济安全及机构间关系和透明度委员马罗什·谢夫乔维奇在布鲁塞尔举行中欧贸易投资磋商机制首次会议。

As key trading partners, China and the EU agreed that the main purpose of the China-EU Trade and Investment Consultation Mechanism is to strengthen ministerial-level dialogue on trade and investment policy, so as to stabilize bilateral relations and make them more balanced.

中欧作为关键贸易伙伴,同意中欧贸易投资磋商机制的主要目的在于加强部长级贸易投资政策对话,以稳定双边关系,使其更加平衡。

At the first meeting of the China-EU Trade and Investment Consultation Mechanism, both sides noted that properly handling the challenges affecting bilateral economic and trade relations is of great significance, and agreed to seek practicable solutions. The China-EU Trade and Investment Consultation Mechanism will initially have four work tracks:

在中欧贸易投资磋商机制首次会议中,双方均指出,妥善处理影响双边经贸关系的挑战具有重要意义,并同意寻求切实可行的解决方案。中欧贸易投资磋商机制初步下设四个工作板块:

-贸易和投资平衡

-出口管制

-知识产权

-世贸组织改革

Minister Wang Wentao and Commissioner Šefčovič authorized officials to maintain communication on the four work tracks, and agreed to hold another ministerial meeting in autumn 2026.

王文涛部长和谢夫乔维奇委员授权官员就四个工作板块保持沟通,并同意2026年秋季再次举行部长级会议。

During the meeting, the two sides agreed to establish a joint monitoring mechanism, to exchange trade data, to monitor trade flows, and to carry out relevant technical work, so as to improve transparency, enhance mutual trust, and manage trade frictions.

会议期间,双方同意建立联合监测机制,交换贸易数据,监测贸易流向并开展相关技术工作,以提高透明度,增进互信,并管控贸易摩擦。

The two sides also agreed that expanding market access helps to balance trade relations. The two sides discussed possible tariff or non-tariff measures to this end, exchanged lists of market-access issues, and agreed to continue consultations under the trade and investment balance work track, with a view to making progress on specific issues.