Negotiating Directives The Council authorised the Commission to initiate negotiations for a comprehensive EU-China investment agreement on 18 October 2013. The mandate to launch negotiations on a new Partnership and Cooperation Agreement with China was approved by the Council in December 2005.
Current Status Negotiations of a comprehensive EU-China investment agreement were formally launched at the EU-China Summit of 21 November 2013 in Beijing.
The aim of this agreement is to remove market access barriers to investment and provide a high level of protection to investors and investments in EU and China markets. It will replace the 26 existing Bilateral Investment Treaties between 27 individual EU Member States and China by one single comprehensive investment Agreement.
The 13th round of negotiations took place in Beijing the week of 15 May 2017. In 2016 the EU and China negotiators reached clear conclusions on an ambitious and comprehensive scope for the EU-China investment agreement and established a joint negotiating text.
Separate negotiations with China for an upgrade of the 1985 Trade and Economic Cooperation Agreement were launched in 2007 but have been stalled since 2011 due to divergences between the mandates and expectations of the parties.
Here the last report of the 12th Round of negotiations (Brussels, 26-30 September 2016):
Next Steps The next round of negotiations is likely to take place in July 2017 – with preparatory inter-sessional work in between.
Statistics on EU-China investments
In 2016, the Chinese investments in Europe exceeded four times the European ones in China.
35.1 billion Euro (up 77% over the previous year), the Chinese acquisitions in Europe and 8,1 billion Euro the European investments in China.
During last sixteen years, the first european destinations of the Chinese investments were in UK(23.6 billion Euro) and Germany (18,8 billion Euro). Third, Italy, with 12,8 billion Euro and fourth France, with 12,8 billion Euro.. 2016 also saw a record of Chinese investments in the US at $ 46.5 billion, tripling the 2015 values when the mergers and acquisitions of Beijing In the US had halted at a remarkable share of $ 15 billion.
In total, Chinese investments in the world were $ 201 billion in 2016, mostly for acquisitions in technology and advanced manifacturing. 2016 Chinese GDP: 12.000 billion US$.