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China, EU reach 'win-win' deal on textiles
Earlier yesterday, Premier Wen Jiabao told a joint news conference that Europe and China should make joint efforts to solve the problem, which he described as "temporary." Wen said there are bound to be disagreements in the rapidly developing trade relations. However, consultations on the basis of mutual trust and understanding will lead to solutions. After a one-hour meeting between Premier Wen, British Prime Minister Blair and Jose Manuel Barroso, president of the European Commission, who are in Beijing to attend the eighth China-EU Summit, the two sides signed six agreements on such areas as social affairs, space exploration and bio-diversity. The leaders witnessed the signing of a 500-million-euro loan from the European Investment Bank for the expansion of Beijing airport. President Hu Jintao also met the European guests yesterday. The two sides agreed to start talks before the end of this year on a China-EU aviation agreement, which aims to resolve outstanding legal issues in bilateral air services. The two sides also agreed to conclude an agreement on technical co-operation in civil aviation in the coming months, according to a joint statement of the eighth China-EU Summit. During the meeting, a Joint Declaration on Climate Change between China and the EU was also issued, which confirmed the establishment of China-EU partnership on climate change. The EU agreed to provide China with the technology to build a coal-fired power station. On the issue of illegal immigration, Premier Wen said China is strongly opposed to it. Wen said both China and the EU will work on combating illegal migration, and try to facilitate Chinese people to travel in Europe. At the EU-China Business Summit, also held yesterday in Beijing Premier Wen
urged enterprises from China and the EU to enhance their co-operation in the
service industry.
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