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EU and China hold annual dialogue on industrial policy - 11/12/13

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This year's plenary meeting, the third of a series, takes place three weeks after the EU-China Summit in Bejing, and one month after the 3rd Plenum of the Communist Party - encouraging discussions of recent developments on both sides. It also coincides with the 10th anniversary of the "Comprehensive Strategic Partnership" between China and the EU.

The Chinese Vice-Minister for industrial policy, Su Bo, headed a Chinese delegation which was welcomed by Daniel Calleja, Director General of the Commission's Enterprise and Industry Directorate.

At the meeting, both sides gave updates on recent industrial policy developments in their respective countries. Director General Calleja presented the upcoming industrial policy communication, which focuses on improving the framework conditions for European companies. Vice-Minister SU reported on the reforms announced last month during the third plenum of the Communist Party of China, which focused on giving a greater role to market forces in the economy and favouring the development of the private sector. He also reported on measures for overcapacity reduction in several industrial sectors.

Both leaders reviewed the cooperation between both administrations in five main areas: raw materials, the automotive industry, industrial energy efficiency, shipbuilding and SME policy.  Future  cooperation was also discussed in the fields of space and standardisation.

Next steps

In 2014 Mr Calleja will visit China with a delegation of European companies. The mission will form part of a follow up to the Mission for Growth conducted by European Commission Vice President Tajani in July 2013, to promote business opportunities between EU and China in the "green growth" field.

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