The European Union Chamber of Commerce in China released its annual European Business in China Position Paper, stating China-EU trade has been growing rapidly but is far from enough.

This is the European Chamber's first Position Paper since China completed its five-year WTO accession period.

The chamber hopes that this position paper will assist the Chinese government in improving the domestic and foreign enterprises investment climate by increasing transparency, fair treatment and policy predictability.

Michael O'Sullivan, Secretary General of the European Chamber said, "We strongly support China's policies of continuing economic reform, developing domestic markets, improving energy efficiency, protecting the environment and reducing social inequality. And we hope China will continue to open up its markets and provide a level playing field for domestic and foreign companies."

For more details, please read the full story in Chinese. (http://www.cbt.com.cn/cbtnews/frontend/news.asp?ID=123336)

(China.org.cn September 12, 2007)