Competition: Commissioner Vestager meets Chinese counterparts in Beijing to discuss competition policy and economic reform

During her visit to Beijing, Commissioner for Competition Margrethe Vestager had various meetings with her counterparts in the Chinese Ministry of Commerce, the Ministry of State Administration of Industry and Commerce, the National Development and Reform Commission, the State-Owned Assets Supervision and Administration Commission, and the Development Research Center of the State Council, to discuss cooperation on competition issues between the EU and China, as well as China’s reform agenda.

Following her meetings, Commissioner Vestager said: “The meetings confirmed our shared interest in strengthening our cooperation on competition matters. They provided me with a first-hand sense of the challenges and urgency of China’s reform—in particular the ambition to let the market shape the economy, for domestic and foreign operators alike. I believe the European experience of building our open single market and our history of restructuring and liberalising a number of sectors contains useful ideas in this respect. In particular, I shared with my Chinese counterparts the Commissions experiences as enforcer of state aid control within the single market.” For more details see website of DG Competition.