China is willing to explore the negotiatiion of various economic and trade agreements with the EU, including an investment agreement, Ministry of Commerce Spokesperson He Yadong told reporters on Thursday.
The China and the EU share broad common interests and have vast potential for cooperation in the economic and trade fields, He added.
China wants concessions from the European Union such as a reduction in tariffs on its electric vehicles before including the bloc in a one-year suspension of export restrictions on its rare earths which it has agreed with the U.S., EU officials recently told MNI. (See MNI: China Seeks EV Concessions For Rare Earths)