Chinese Premier Li Keqiang talked with President of the EU to avoid trade war

On the evening of Premier Li Keqiang night made a telephone call with the President of the European Commission Jose Manuel Barroso.

Li Keqiang said that the Chinese government highly concerned about the current Sino-EU trade disputes in relate to the photovoltaic products. China’s major economic interests involved in this case, if handled not properly, will be seriously damaged which will certainly surely hurt the interest of Europe affecting the overall situation of China-EU cooperation. China firmly opposes trade protectionism and abuse of trade remedy measures and will resolutely safeguard China’s interests. He hoped that the two sides resolve trade disputes through dialogue and consultation, rather than approaching a trade war. Trade war yields no winners.

Li pointed out that China and the EU are important partners with extensive common interests. Sino-EU trade is huge, some friction is inevitable. China is willing to work with the EU under the existing bilateral trade and economic mechanisms to communicate on relevant issues and seek mutually acceptable and reasonable solution, and jointly promote the Sino-EU comprehensive strategic partnership to push forward the mutual development.

Barroso said the EU attaches great importance to Sino-EU relations and is willing to work with China through dialogue and consultation to resolve trade frictions, and promote Sino-EU relations and cooperation in various fields.

Source: Xinhua Net

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