Comparative experiences and contributions to global governance in the fields of climate change, trade and competition

 

The network aims to share experiences and contributions to global governance, particularly in the fields of climate change, including energy; international trade, including investment and international taxation; and market regulation and competition. These topics have been chosen because they are strategic ones in EU-China relations. 

 

EU - China

 

Firstly, climate change and energy, particularly after the 2015 Paris agreements, are at the top of the agenda. China has to redesign its energy mix and propose an “Intended Nationally Determined Contribution” for reducing its emissions. 

The EU experience with the ETS could serve as a model in this definition. Otherwise, from a global governance perspective, the vagueness of the new US administration on their compliance with the Paris agreements will focus the success of the UNFCCC on the collaboration between the EU and China. 

Secondly, trade, investment and international taxation rules have been and will remain the core of economic relations between the EU and China. The consolidation and enlargement of economic exchanges between the two largest global trading blocs demand clear and mutually accepted rules. Particular aspects like anti-dumping measures, intellectual property protection, common customs cooperation or international taxation will be part of the contents of this area. The interest of Chinese multinationals for investing in the EU could foster the still to be concluded EU-China Investment Agreement which is crucial for governing these relations. 

Finally, market regulation and competition policy are very important for the construction of a deep and efficient internal market. The future of the Chinese economy depends not only on exports but on the building of a diversified and fair market. The necessity of combining different regulatory traditions inside China and the need for improving the functioning of the internal market make this challenge closer to the European one. 

 

Ref. 587904–EPP–1–2017–1-ES-EPPJMO-NETWORK