Many of the issues between China and Europe are interlinked. Yan Shaohua, deputy director of the Sino-European Relations Research Center at Fudan University, who often attends the Sino-European dialogue, told Lord Tan that it is difficult to break the impasse by dealing only with the automobile, chemical and other industries one by one. The two sides should look at the long term and the overall picture, explore an arrangement with global significance, and place issues such as trade, investment, services and technology within the same framework. This framework needs to be based on the new economic reality of China's increased competitiveness and delineate boundaries that both sides can accept, including coordinating green technology standards and guaranteeing equal market access. The European side should also work with China to discuss a medium- to long-term road map for balanced trade, rather than unilaterally setting a deadline. The current negotiations can address at least four types of issues: through joint monitoring mechanisms to jointly check trade flows in hybrid vehicles, chemical and other industries; handle electric vehicle disputes through price promises and the like to avoid increasing friction; encouraging Chinese companies to invest in Europe while ensuring a stable and non-discriminatory policy environment for Chinese enterprises; and establishing more stable supply expectations for key items while addressing market entry restrictions faced by Chinese companies in Europe.

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