China, EU Hold 20-Plus High-Frequency Consultations After First Trade Meeting
China and the European Union held the inaugural meeting of their trade and investment consultation mechanism on June 29. Following the meeting, both sides converted the consensus reached into action and engaged in intensive consultations over each other's concerns. Over the following month, the working teams of both sides conducted more than 20 high-frequency consultation sessions, a tally that stood as of July 30. The mechanism serves as a channel for the two economies to address trade and investment frictions.
On June 29, the first meeting of the China-EU trade and investment consultation mechanism was held. In the wake of the meeting, the two sides translated their consensus into concrete action, launching intensive consultations centered on each other's respective concerns. Over the more than one month that followed, the working teams of both sides conducted more than 20 high-frequency consultations, with the count standing as of July 30.