The first meeting of the China-European Union trade and investment consultation mechanism was held in Brussels on Monday, with China's Minister of Commerce Wang Wentao and European Commissioner for Trade and Economic Security and Interinstitutional Relations and Transparency Maros Sefcovic leading the meeting. They agreed to establish a joint monitoring mechanism to exchange relevant data, monitor trade flows and support technical work with a view to improving transparency, enhancing mutual trust and managing trade frictions.

Prospects of an inaugural meeting under the China-EU trade and investment consultation mechanism, scheduled for next week, have become increasingly uncertain despite intensive…

Europe and China will gauge whether trade frictions can be resolved through talks Monday when top EU trade official Maros Sefcovic hosts his Chinese counterpart Wang Wentao in…