The Commission has published the schedules of commitments agreed under the EU-China Comprehensive Agreement on Investment (CAI), concluded in principle on 30 December 2020.
Following the publication of the text of the agreement in January, the publication of market access offers today represents the next step in the process towards adoption and ratification. They provide the basis for informed political deliberations and public debate.
The CAI’s objective is to rebalance the asymmetry in terms of market access and investment between the EU and China. This means new openings for EU operators in several sectors, on top of the autonomous market access already made by China over the last 20 years.
In concrete terms, China takes substantial commitments in manufacturing, which makes up more than half of total EU investment in China – including 28% for the automotive sector and 22% for basic materials. China has currently no commitments vis-à-vis the EU in this area.