EU adopts elements for a new EU strategy on China
On 22 June 2016 the High Representative of the Union for Foreign Affairs and Security Policy and the European Commission adopted a Joint Communication, entitled "Elements for a new EU strategy on China", which maps out the European Union's relationship with China for the next five years. The Joint Communication identifies major opportunities for the EU's relationship with China, in particular with the aim of creating jobs and growth in Europe as well as vigorously promoting a greater opening up of the Chinese market to European business. Such opportunities include joint research and innovation activities:
- Mutually beneficial co-operation on research and innovation should be strengthened, while ensuring a level playing field.
- Co-operation on the digital economy can bring benefits to both the EU and China. It should harness growth through common standards and joint research on the basis of reciprocity.
- The EU should intensify co-operation with China on the protection and enforcement of intellectual property rights. The EU should reinforce measures to counter cyber-enabled theft of intellectual property and trade secrets.