China A-share ChiNext index pared losses to under 1.5% after earlier plunging more than 6.5%; STAR 50 index pared losses to 2.8% after earlier sliding nearly 7%.

MOFCOM spokesman He Yadong told a regular briefing on the 30th that, after recent intensive talks, both sides at the first China‑EU trade and investment consultation agreed on positioning China and the EU as "stable, balanced key trade partners" and have tentatively set the mechanism's second session for this autumn. Over the past month China has been implementing the first meeting's follow‑up, coordinating domestically and holding high‑frequency, multi‑level external consultations. Bilateral teams have held more than 20 meetings and four working groups have conducted in‑depth technical exchanges on each side's trade and economic concerns. China said it will continue high‑frequency communication to seek practical solutions and promote balanced, forward development of China‑EU trade to maintain a stable key trade partnership.

The CPC Politburo met on July 30 and instructed authorities to expand international trade cooperation, accelerate services trade to help rebalance trade, improve the foreign investment management regime and overseas comprehensive service system, and actively attract and utilize foreign capital.