China, EU complete investment agreement negotiations
2020-12-31 07:42:46 source：CGTN
December 30, 2020
China and the European Union (EU) completed the negotiation of a comprehensive bilateral investment agreement on Wednesday. China and the EU, two of the world's major economies, launched the negotiations for the agreement in 2014.
Chinese President Xi Jinping said the agreement demonstrated China's determination and confidence in promoting high-level opening up. He added that the agreement will provide the two sides with greater market access, a higher-level business environment, stronger institutional guarantees, and brighter prospects for cooperation.
The announcement was made during a meeting between Xi, German Chancellor Angela Merkel, French President Emmanuel Macron, European Council President Charles Michel and European Commission President Ursula von der Leyen via video link.
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