In a bold move, China has voiced strong opposition to the EU's recent decision to exclude companies from the Chinese mainland from bidding on public procurement tenders for medical devices valued at over €5 million. This decision, according to a spokesperson for China's Ministry of Commerce, is a protectionist measure that disrupts fair competition and harms the interests of Chinese enterprises. 🔍
The spokesperson emphasized that despite China’s repeated goodwill and sincere efforts at bilateral dialogue, the EU acted unilaterally, building new barriers that could reshape trade dynamics. China urged the EU to correct these actions immediately and ensure a level playing field for all.
This development comes at a significant time, marking the 50th anniversary of diplomatic relations between China and the EU—a milestone that underscores decades of close economic and cultural exchanges. The situation has sparked discussions among business communities and trade enthusiasts, as both sides navigate the challenges of an interconnected global market.
As the story unfolds, young professionals, students, and global explorers alike are keeping a close eye on how these trade policies might impact future cooperation and market competition. Stay tuned as we follow this evolving trade debate!
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China voices opposition to EU's limits on medical device procurement
cgtn.com
