"China can do a lot to reduce the EU's risk perception," said EU trade commissioner Dombrovskis.

EU trade commissioner Valdis Dombrovskis said in a statement that the European Union has no intention of severing ties with China even as it takes steps to reduce economic dependencies and mitigate risks, but that China "can do a lot" to help reduce risk perception.

"OUR TIES WITH CHINA ARE DEEP

The EU has long complained about the lack of a level playing field in China and the politicization of the business environment. Concern has given way to caution after Beijing's move to strengthen ties with Moscow despite the war in Ukraine.

Dombrovskis told Tsinghua University in Beijing that Europe's economic ties with China are deep but that China "can do a lot to help reduce our risk perception".