The EC asks in Beijing a "fair competition" between European and Chinese companies

The European Competition Commissioner, Margrethe Vestager, today called in Beijing "reciprocity" and equal rights and duties between European companies operating in China and companies national governments, which usually have government support.

Peking, Nov 15 (EFE) .- The European Commissioner for Competition, Margrethe Vestager, today called for "reciprocity" and equal rights and duties among European companies operating in Beijing. China and the national companies, which usually have government support.

"We want fair competition, we want the best products and the best services to be the ones that win, not the companies that have the highest government support, "Vestager claimed at a press conference in the Chinese capital.

As part of a two-day trip to Beijing to promote Free competition between the EU and China, Vestager has met with representatives of the European Chamber of Commerce in China, the Ministry of Commerce (Mofcom) and the State Administration of Industry and Commerce of China (SAIC), among other organisms.

Its objective is to reinforce trade defense mechanisms, encourage access of foreign investment in the country Asian and discuss with their counterparts about the subsidies that the Chinese Government grants to national companies, especially now that "China is a very strong global economy", He said.

On the other hand, Vestager stressed the opportunities to invest in Europe and invited Chinese companies to continue doing so, although he stressed the importance of complying with the rules governing local businesses.

"In Europe the financial crisis is over, growth has returned and employment and youth employment are recovering. 500 million potential customers, we believe that you can do good business there, but fulfilling the obligations with any other company in Europe, "he insisted.

In This line, the commissioner sent a message of tranquility for European citizens, who said that "if a company tries to sell at prices below the cost to take over the market ", will take the necessary measures to defend fair trade.