European Commission president also says trade ties have ‘reached an inflection point’, while reiterating claim of industrial overcapacity

China and Europe should foster a “healthy” economic relationship characterised by both competition and cooperation, the Chinese premier told European Union leaders and businesses on Thursday.

“China and the EU can further leverage their complementary economic strengths, focusing on areas such as services trade, technological innovation, the green economy, and third-party cooperation to cultivate more new growth drivers for collaboration,” Li said, according to Xinhua.

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