BEIJING-European Union leaders urged China yesterday to open its markets, join in persuading Iran to negotiate over its nuclear programme and help end bloodshed in Syria as they held a summit delayed by Europe's debt crisis. Leaders of the two sides pledged to boost trade and to start negotiations on an investment treaty. But at a news conference, EU officials and Chinese Premier Wen Jiabao expressed differences on issues from trade to human rights.
European Council President Herman Van Rompuy said he and European Commission President Jose Manuel Barroso pressed during talks with Wen for China to open its markets. "I repeatedly stressed the need for a level playing field for European business, including better market access for European companies, protection of investment and intellectual property and our concerns about protectionism," said Van Rompuy.
Europe is China's biggest trading partner but European companies and business groups complain Beijing is trying to limit their access to promising industries and favors Chinese rivals in violation of its free-trade pledges. The summit came after rating agency Moody's on Monday downgraded its credit ratings on Italy, Portugal and Spain. France, Britain and Austria kept their top ratings but their outlooks dropped to "negative" from "stable," meaning they too might be downgraded.
The meeting was originally scheduled for October but was postponed due to emergency meetings on the European debt crisis. China's stake in Europe's economic health has increased as Chinese companies step up investment there. The biggest Chinese producer of construction equipment agreed this month to acquire Germany's Putzmeister, a maker of concrete pumps. Wen, appearing with Van Rompuy and Barroso at the Great Hall of the People, the seat of China's legislature, said Beijing is ready to "increase its participation" in resolving Europe's debt crisis but made no financial commitments.
Wen said earlier this month during a visit by German Chancellor Angela Merkel that Beijing was considering contributing to two European bailout funds but the government has given no indication of progress toward that. On global affairs, Van Rompuy said the EU supported efforts of the Arab League to end violence in Syria and appealed to "all members of the UN Security Council" - a group that includes China - to "act responsibly."
AP
