Chinese and European Union (L) officials at the 3rd EU-China High-level Economic & Trade Dialogue at the Diaoyutai State Guesthouse in Beijing December 21, 2010. European Commission Vice-President Joaquin Almunia said it is essential for both China and the European Union (EU) that foreign companies find a welcoming economy in China, while addressing the opening of annual trade talks between China and the EU on Tuesday.[Agencies]