The EU and China held their third High Level Economic and Trade Dialogue (HED) on 20 and 21 December in Beijing. The overarching theme of the meeting was how the EU and China can address challenges and create opportunities through open economies and cooperation. As the global economy is gaining a more solid foothold coming out of the international crisis, the EU and China met in the HED3 to push for more balanced trade, increased business opportunities and further economic cooperation. A broad and ambitious agenda with a range of economic and trade issues confirmed the strong political commitment to making the HED a forum for strategic discussion that sets directions for the future while producing regular and concrete results.

Among the issues discussed were: the international economy and ways forward for the two economies; competition issues; trade and investment; innovation; and customs cooperation.

The EU and China welcomed the open, forward-looking, and strategic exchanges at the High Level Economic and Trade Dialogue that have significantly furthered EU-China cooperation in a broad range of economic and trade areas with the overall aim of deepening a strategic partnership for the future, at the same time constructively dealing with a number of specific issues between the two economies.