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Investment Treaty with EU Shows China’s Determination, Chairman Xi Says

CHINA PRESS

China has demonstrated its determination and confidence in the further opening of its economy with the conclusion of bilateral investment treaty negotiations with the EU, China's Chairman Xi Jinping said at a virtual conference with European leaders on Wednesday. The People's Daily reported comments from Xi, who said the pact, which took seven years to negotiate, provided Chinese and European companies with greater market access and integration. China also hopes to coordinate with the EU on vaccine distribution, the global economic recovery and the development of the green economy, the Daily reported.

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