At China-EU summit, both sides agree to provide fair business environment

China and the European Union (EU) on Thursday agreed to provide a fair and non-discriminatory business environment for each other's companies, as the 24th China-EU Summit was held in Beijing.

Chinese Premier Li Qiang, European Council President Charles Michel and European Commission President Ursula von der Leyen jointly chaired the summit.

The two sides vowed to strengthen cooperation on carbon emissions trading, adhere to and practice multilateralism, strengthen coordination within the United Nations and other multilateral frameworks, push for necessary reform of the World Trade Organization, and work together to address global challenges such as food security, climate change and public health.

They also agreed to strengthen communication on major international and regional issues and promote political settlement of hotspot issues.