China urges EU to ease high-tech export restrictions

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Beijing, March 15 (IANS) Chinese Premier Li Keqiang on Wednesday urged the European Union (EU) to ease its high-tech export restrictions on China, in response to concerns over the bloc’s trade deficit with the country, a media report said.

“I believe that will make a big difference in China-EU trade imbalance,” Li told media following the conclusion of the annual parliamentary session here, Xinhua news agency reported.

“China has no intention to pursue trade surplus. In fact, China prefers trade balance, otherwise it won’t be sustainable,” the premier added.

–IANS

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