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China and Europe: an important partnership
Cathay Pacific China Trader
Award Dinner, Kasteel De Wittenberg
06 November 2002
[Check against delivery]
The Fundaments of EU-China relations
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Diplomatic relations with China established in
1975. There have been dramatic changes in China since 1978. Economic
and social reforms have made China a major trading nation and
emerging global political power.
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EC-China Trade and Co-operation Agreement in
1985. Since then relations have accelerated and intensified,
particularly in recent years, building on a series of Commission
strategy papers (1995, 1998, 2001) which define the long term policy
for the relationship.
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EU main objective: to build a dynamic and
comprehensive partnership, support China's rapid and full
integration into the international community, politically and
economically. China's success will be beneficial for all. The EU
encourages China to take its full place in the institutions of
global governance.
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EU-China relations have developed under three
main headings, namely:
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political dialogue, which includes specific
dialogue on human rights;
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economic and trade relations, including
relations in a number of sectors which are key to economic and
social reform,
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EU-China Co-operation Programme, an
instrument through which the EU provides technical assistance to
China.
EU-China Relations present status and plans for the near future
Economic and Trade Relations
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Economic and trade relations were the starting
point, and continue to be a very important facet, of our
relationship. In 1975, China barely appeared on our map. In 2001,
there was bilateral trade of €105 bn and China was the 3rd largest
trading partner outside of Europe. This growth trend continues, with
more than €62 bn in trade in the first 7 months of 2002. The impact
of WTO membership is clear: EU exports to China in 2002 grew more
strongly than imports (10.9% against 2.9%).
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We hope that accession will reduce the huge EU
trade deficit, which reached €45 billion in 2001, the largest with
any trading partner. Reasons for this deficit include the growing
strength of China as an exporter. EU companies present in China
contribute significantly to this, as do the continuance of market
access obstacles. China's accession to the WTO was one of the most
momentous events of recent times, and of crucial importance in
removing the remaining barriers, to promote increased EU investment.
There are increasing amounts of EU investment in China ($25bn in
mid-2001). But EU share of the total is far smaller than elsewhere.
In terms of new flows, the EU is down from 1st to 4th place
(excluding HK) in 2000. EU investors seem to be holding back, while
others (US, Japan, Taiwan) are seizing new opportunities following
WTO entry. As a result, China is poised to overtake the US as the
largest FDI recipient in the world in 2002. EU companies should be
less timid and ensure strong European presence in the Chinese
market.
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The EU has always been a keen supporter of
Chinese accession to the WTO. China's membership will benefit both
China and the world - cementing China's place in the global economy,
buttressing the internal reform process, and strengthening the rule
of law.
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The EU will seek to work closely with China to
make the Doha Development Agenda a success. A successful conclusion
will be crucial to the development of global economic exchanges,
particularly in the present economic climate. The EU and China will
play important roles, not least as potential bridge-builders between
developed and developing countries.
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The monitoring of China's WTO compliance will be
a major EU priority in coming years, to ensure that our firms
benefit fully. We recognise that China has achieved a lot since
accession. But issues of concern remain, including lack of
transparency and establishment of new non-trade barriers which could
neutralise liberalisation brought by accession. Problems are to some
extent unavoidable, given the immensity of the task with which China
is faced. Yet we will seek to resolve these through consultations,
and by supporting China through dialogue and co-operation
programmes.
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China's integration into the world economy and
continued internal reforms will not be painless. There will be
enormous challenges: economic - the requirement to maintain growth
and overall macro-economic stability; social - growing income
disparities, increasing urban unemployment and tensions in the
countryside; political - the need to manage these complex processes,
and at the same time, gradually put into place the rule of law.
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Reforms are on the right track. The main thrust
of EU-China cooperation programmes are to support China in this
challenging process. Co-operation strategies therefore support
implementation of the EU's general strategy towards China, rather
than focussing on traditional development assistance.
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In particular, assistance focusses on the
considerable EU experience on how to adapt rules and policies to
globalisation, and how to minimise the negative socio-economic
impact. The EU would like to share this information with China, to
help ease her integration into the global system. This is a key
objective of EU-China dialogue, and of several EU cooperation
projects, which will continue to be reinforced.
Much progress has been made in stepping up
dialogue on questions of sectoral policy and regulation, focussing
on WTO-/reform-related areas, e.g. enterprise policy,
standardisation, information society, environmental policy, energy,
and science and technology.
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The EU is seeking to complement the 1985
Agreement by negotiating a number of bilateral agreements. A
maritime transport agreement is to be signed later this year. There
are ongoing discussions on a customs cooperation agreement, to
facilitate trade and combat counterfeiting. Additional agreements
may be possible in the future.
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The EU will also seek to strengthen cooperation
with China in other important areas, such as education and science
and technology. The GALILEO project combines scientific and
industrial aspects, in which China has expressed keen interest. The
EU will explore ways of making China a privileged partner in this
important venture.
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For full integration of China into the
international community, it is not enough that Chinese laws and
regulations change, mentalities must change too. This will require
long term effort in training and dissemination of information. The
Commission is ready to play a key role in this respect. The EU will
contribute €67 million over the next 3 years through relevant
cooperation projects, including support in the areas of WTO
obligations, enterprise reform, social security reform, financial
services and the information society. These new activities
complement ongoing programmes on IPR, WTO accession, legal and
judicial cooperation.
Looking beyond trade: EU-China political and human rights dialogue
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WTO membership in the medium-term will have a
profound impact on Chinese society as a whole. WTO rules oblige the
government to provide judicial review for administrative actions in
the economic realm. This is likely to have spill-over effects
throughout the legal system and help consolidate the rule of law.
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WTO entry will thus support China's transition
towards an open society based on the rule of law and respect for
human rights. This is a key EU objective. Respect for human rights
will benefit China's development and lead to greater stability. It
is the EU's duty, as a friend of China and of the Chinese, to be
open and candid on this important issue.
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Human rights dialogue, held twice a year, was
established in 1996. This enables discussion of EU concerns in areas
such as: freedom of expression, association and religion,
application of torture and death penalty and the situation of ethnic
minorities, in particular in Tibet and Xinjiang. Individual cases
are also raised. The next round of dialogue will be on 14/15
November in Beijing.
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Human rights dialogue is complemented by a series
of cooperation projects e.g. support to Chinese implementation of
the UN human rights covenants, democratisation at local level and
legal and judicial reform. A human rights small project facility,
which aims to support emerging Chinese civil society, was launched
this year.
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Chinese civil society will play a key role in
successful transition towards a more open society. The EU will
therefore seek its deeper involvement in both dialogue and
co-operation programmes.
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Human rights is only one part of the regular and
intensive EU-China political dialogue. There have been five annual
summits since 1998. Political dialogue has broadened considerably in
recent years, and now covers a wide range of topics, from regional
conflict to global issues such as non-proliferation and
international terrorism.
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The EU would like to engage China further in
addressing the "dark side of globalisation" e.g. illegal
migration/trafficking in human beings, drug trafficking and
money-laundering. Illegal migration is a relatively new area of
co-operation, which gained momentum after the 2000 Dover tragedy,
when high-level dialogue on the issue was established. A €10 million
co-operation programme is currently under discussion, which would
strengthen Chinese capacity to combat illegal migration, raise
awareness of key target groups and improve information/ support
research in this area. Speedy return of illegal migrants is key to
any policy on illegal migration; we therefore intend to start
exploratory talks for an eventual readmission agreement ASAP.
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On the other hand, legal personal contacts are
also essential to broaden and deepen the relationship. The EU is
committed to increasing such contacts through exchanges in both
directions. It will therefore be important to conclude the agreement
on "Authorised Destination Status" ASAP, which will facilitate and
multiply visits of Chinese tourist groups to the EU.
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Political dialogue also covers Hong Kong and
Macau. The EU watches developments closely and monitors compliance
with Basic Laws, 'one country, two systems'. HK is the showcase for
what WTO membership and economic liberalisation, and also the rule
of law could mean for China. The HK anti-sedition law is a worrying
step in the wrong direction.
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Finally, in our political dialogue, we also
discuss the thorny issue of Taiwan. There is a clear EU stake in
stability and peace across the Taiwan Straits and a successful
Taiwanese transition from an authoritarian to a democratic regime.
There are strong EU commercial links with Taiwan, which is our 3rd
largest trading partner in Asia. The EU position is 'One China' but
the Taiwan issue can only be resolved through peaceful dialogue,
without the use or threat of force. Rapid economic integration of
Taiwan with the Mainland will bring the two sides closer together.
Direct transport and trade links will help and we should welcome
recent positive noises on this (although some in this room have a
clear stake in the status quo).
Conclusion
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The 5th EU-China Summit was successfully
concluded on 24 September. The Summit's broad agenda demonstrated a
mature partnership. Both sides stressed their resolve to further
expand and deepen EU-China co-operation in all areas to strengthen
this partnership, including by jointly addressing global challenges
like migration.
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Trade and economic relations will be an essential
ingredient of our relations. But we have moved far beyond the
initial one-dimensional stage of our relationship.
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The EU is changing in ways that are leading China
to adjust its own strategic vision of Europe. The Euro, EU
enlargement, ESDP and CFSP are all ingredients of an ever-increasing
interest in strengthening Sino-European relations.
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The EU and China increasingly exchange views and
co-ordinate positions on international issues and global challenges,
such as terrorism, non-proliferation and regional conflicts. We hope
to intensify and expand policy co-ordination in the future. The EU
is building on China's desire for a global role, by encouraging it
to make a deeper commitment to world affairs in the emerging 21st
Century global order.
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Many political and economic uncertainties lie
ahead for China. There is a profound EU interest in a stable,
prosperous and open China that fully embraces democracy, free market
principles and the rule of law.
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Developing a comprehensive, robust and enduring
relationship with China will be one of the EU's great challenges in
the 21st century. This will also be central to China playing its
full part on the world stage. There had been a very positive start,
relations are at a historic high point, as confirmed by President
Jiang earlier this year. But much more can, and should, be done. The
EU is prepared to work with China, in the framework of its strategic
partnership, to achieve a lasting and mutually beneficial
relationship for generations to come.
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