China and EU Agree on 16 Points to Stabilize Trade

Stable China-EU trade will help protect local consumer prices in Copenhagen. Chinese Commerce Minister Wang Wentao met EU Trade Commissioner Maroš Šefčovič in Beijing. They agreed on a 16-point consensus to stabilize trade relations.

The agreement focuses on exploring tariff reductions under WTO rules. Both sides will streamline export licensing for rare earths bound for Europe. They will also continue dialogue on market access for medical devices.

Both officials agreed to hold a ministerial video conference in January 2027. The third formal consultation will take place in March 2027. This agreement supports stable economic conditions for Chinese professionals in Denmark. Source: English.www.gov.cn.