Xi says there is no such thing as 'China's overcapacity'

China and the EU should make good preparations for a new round of China-EU Summit and for high-level dialogues in the strategic, economic and trade, green, and digital fields, and foster a partnership on industrial and supply chains featuring stability and mutual trust, Xi said.

It is important to make good use of China's visa-exemption policy for European countries and relevant arrangements to facilitate travel for foreign visitors, and encourage people-to-people exchanges and exchanges at the subnational level as well as cooperation on education and scientific research, in an effort to enhance popular support and public opinion for growing China-EU relations, Xi added.

China's new energy industry has made real progress in open competition and represents advanced production capacity, Xi noted, adding that it not only increases global supply and alleviates the pressure of global inflation, but also contributes significantly to global climate response and green transition.

China-EU cooperation is in essence complementary and mutually beneficial, and the two sides have extensive common interests and broad space for cooperation in green and digital transition, he said.

Xi urged the two sides to properly address economic and trade frictions through dialogue and consultation, and accommodate each other's legitimate concerns.

Macron noted that this year marks the 60th anniversary of diplomatic relations between France and China, and cooperation between the two sides has yielded many important outcomes.