Business丨China 'firmly opposes' move on contracts

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The ministry emphasized that China firmly opposes this protectionist measure and will closely monitor the EU's follow-up actions, taking all necessary steps to safeguard the legitimate rights and interests of Chinese companies.

Zhou Mi, a researcher at the Beijing-based Chinese Academy of International Trade and Economic Cooperation, said that using policy instruments as trade barriers threatens the economic interests of both China and the EU and undermines global confidence in economic recovery and sustainable development.

"The application of the IPI as a unilateral instrument does little to address structural issues and instead injects more uncertainty into China-EU economic relations," said Zhou. "Rather than resorting to exclusionary tactics, both sides should focus on constructive dialogue and rules-based solutions."

Chen Fengying, a researcher at the Beijing-based China Institutes of Contemporary International Relations, said that China and the EU have long maintained sound cooperation in the healthcare sector, particularly with deepening collaboration in medical devices, which has proved mutually beneficial.

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