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Chinese Foreign Ministry Spokesperson’s Remarks on China-EU Trade Imbalance

by Holly

Spokesperson of the Ministry of Foreign Affairs: China has never deliberately pursued a trade surplus. The trade surplus between China and the EU is the objective result of the combined effects of industrial structure, industrial division of labor, trade methods and external factors.

For a long time, the vast majority of EU companies in China have benefited greatly from China-EU trade, which is also the fundamental reason for their business development in China.

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In recent years, the EU has tightened its export of high-tech products to China, which is the direct cause of affecting the potential of EU exports to China and causing trade imbalances.

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If the European side really wants to solve the trade imbalance, it should not blame China, but should lift export restrictions on China.

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