( July 2, 2026, 08:17 GMT | Official Statement) -- MLex Summary: China and the EU have agreed to hold one or two ministerial meetings each year under a newly established regular trade and investment consultation mechanism, according to China’s Ministry of Commerce. China has invited European Commissioner for Trade and Economic Security Maroš Šefčovič to visit China this fall for the mechanism’s second meeting, ministry spokesperson He Yadong said at a press briefing on Thursday. At the first meeting on Monday, the two sides discussed efforts to make bilateral trade more balanced by expanding cooperation in emerging fields such as artificial intelligence and the green transition, developing potential areas such as services trade, and addressing concerns through market-access consultations. The mechanism initially has four working areas including trade and investment balances, export controls, intellectual property and World Trade Organization reform.Excerpt of the transcript follows (in Chinese)....
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