China Calls for Eased EU Tech Export Restrictions
China's foreign ministry urged the EU to relax high-tech export restrictions, countering claims of China's overcapacity as a 'one-sided understanding' of supply and demand. The ministry reaffirmed China's commitment to importing more high-quality products from the bloc, emphasizing cooperation over protectionism.
- Country:
- China
In a bid to strengthen trade relations, China's foreign ministry has urged the European Union to ease restrictions on the export of high-tech products to the country.
Speaking at a routine press briefing, ministry spokesperson Guo Jiakun commented on assertions that China is experiencing industrial overcapacity, calling it a 'one-sided understanding' colored by protectionist motives.
Jiakun emphasized that China is committed to purchasing more marketable, high-quality goods from Europe, underscoring the importance of collaboration over trade barriers.
(With inputs from agencies.)
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- China
- EU
- high-tech
- exports
- overcapacity
- foreign ministry
- trade
- restrictions
- Guo Jiakun
- globalization
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