China and the European Union are set to hold their second Trade and Investment Consultation Mechanism meeting in autumn 2026, building on the progress made during their inaugural session. The dialogue, established as a regular exchange platform, aims to address bilateral and multilateral trade issues while fostering cooperation in emerging sectors like artificial intelligence (AI) and green transition. Both sides have agreed to position their trade relationship as stable and balanced, aiming to boost business confidence and contribute to global economic stability.Huanqiu+2
The upcoming meeting will focus on expanding cooperation in AI, green transformation, and service trade, while addressing market access concerns. Discussions will also cover trade balance, export controls, intellectual property, and WTO reform, reflecting the comprehensive nature of the dialogue. The mechanism includes four working groups dedicated to these areas, ensuring a structured approach to resolving disputes and enhancing transparency.ChinaNews+2
Both sides emphasized the importance of constructive dialogue and mutual benefits. The consultation mechanism includes data sharing and regular evaluations to monitor progress. EU Trade Commissioner Maroš Šefčovič expressed optimism about achieving concrete results by October, highlighting the mechanism's role in preventing uncontrolled trade disputes.People's Daily+2
China and the EU agreed to expand market access and address trade imbalances through negotiation. The dialogue seeks to protect industries without resorting to protectionist policies. Both parties stressed the need to maintain global supply chain stability while addressing concerns about unfair competition.People's Daily+2
The next ministerial meeting is scheduled for autumn 2026, where progress on trade issues will be reviewed. The consultation mechanism will continue to serve as a platform for addressing challenges and fostering cooperation. Chinese experts view the mechanism as a 'firewall' against escalating trade tensions, emphasizing mutual benefits over confrontation.Huanqiu+2