BusinessEurope Headlines No. 2020-01
“China is already the EU’s second-biggest trading partner and the EU is China’s biggest trading partner. However, substantial economic potential remains untapped due to the challenges that China’s state-led economy pose”, said BusinessEurope’s Director General Markus J. Beyrer at a press conference on 16 January to present the new strategy paper “The EU and China: addressing the systematic challenge”. Beyrer explained that as China is currently not moving towards more market-oriented reforms, the EU needs to take its own measures to address the systemic challenges, with a view to securing a stronger and fairer economic relationship and levelling the playing field. To make the economic relationship between these two countries stronger and fairer, BusinessEurope proposes four key objectives for the EU to pursue: (1) secure a level playing field between China and the EU; (2) mitigate the impact of China’s government-induced market distortions; (3) reinforce the EU’s own competitiveness; and (4) ensure fair competition and cooperation on third markets. Read the strategic paper.
Contact: Luisa Santos
paper and its executive summary.
Contact: Maurice Fermont
Contact: Maxime Cerutti
Photo copyright: European Union 2020
contribution to the important debate on how to reform EU competition policy and adapt it to developments on global markets earlier last year. It contains some concrete recommendations which were discussed at the meeting.
Contact: Erik Berggren
Read the Statement.
- 22 January: Launch event of BusinessEurope’s China paper: “The EU and China: Addressing the Systemic Challenge”
- 28 January: DG ECFIN Workshop – "Fiscal rules in Europe: Design and Enforcement"
- 29 January: European Commission 2020 Work Programme
- 6 February: Finance Summit 2020