Chinese and EU officials released a joint statement regarding industrial subsidies and vowed to reform the World Trade Organisation (WTO), during an EU-China summit in Brussels on Tuesday.
European Council President Donald Tusk hailed the end of «difficult but ultimately fruitful» negotiations and said that the joint statement «was our common effort and it is our common success.»
He said that... Еще the WTO rules on industrial subsidies need an update, and that this is the «priority» of the upcoming reforms.
Chinese Premier Li Keqiang said the joint statement covers a wide area and that is has always been a «consistent position of China to follow WTO rules,» adding that EU and Chinese companies will not be discriminated both China and Europe.
«We will not treat EU companies, especially those registered in China with discriminatory policy, including solely foreign-owned companies in China and likewise Chinese companies should not be discriminated against in their operation in the European Union,» he concluded.