Greater harmonization is win-win formula for both China and EU

When discussing the impact on enterprises the EUCTP team was unanimous that the EUCTP had benefited both Chinese and European enterprises in many ways both directly and indirectly. For example, the considerable amount of EUCTP work which had supported policy, legislative and regulatory reform efforts had all contributed to improving the trading environment for companies in China.

Since its launch the EUCTP has worked to offer technical support under the EU-China Regulatory Dialogue and its working groups, which together promote international regulatory convergence and harmonization for standards and testing of products and services. This work has improved the quality infrastructure in China, reduced bureaucracy, increased efficiency and allowed companies to trade more easily.

Joint development of standards at the EU-China level has contributed to a memorandum of understanding on standardization between the EU and China and has improved the development and enforcement of standards.