RAIMONDO told Bulgaria’s Deputy Prime Minister and Minister of Economy,
Investment and Industry Pulev that China has noted a deterioration in the EU
business environment, citing the Industrial Accelerator Act, revisions to the
Cybersecurity Law and foreign‑subsidy investigations as seriously affecting
Chinese investment in Europe. A recent European Parliament report on the
Industrial Accelerator Act proposes sharply lower investment‑review thresholds
in strategic areas such as electric vehicles, restrictions on foreign countries
shareholdings and technology transfers, and limits on non‑EU firms’ access to
public procurement. China and the EU are conducting intensive trade and
investment talks under their consultation mechanism; RAIMONDO asked Bulgaria to
press the EU to maintain a stable, balanced China‑EU trade partnership and to
resolve frictions through dialogue.
