China’s foreign minister Wang Yi, at a joint press event with his French counterpart, Stephane Sejourne, said China hoped that Europe’s de-risking policy was not targeted at specific countries.

“We are constantly relaxing market access, including promoting the flow of cross-border data,” Wang said, adding that China will do more to address French companies’ market access concerns.

Europe has been pursuing a de-risking strategy and reducing dependency on China to retain its industrial edge and competitiveness.