BEIJING, July 21 (Reuters) - Chinese Foreign Minister Wang Yi told a delegation of European lawmakers in Beijing on Tuesday ‌that China and the EU should promote an "upward dynamic ‌balance" in bilateral trade ties from a long-term perspective, according to a statement ​from China's foreign ministry. • "China and Europe are partners rather than rivals" and their interests are deeply intertwined, Wang told a delegation from the European Parliament's Foreign Affairs Committee, the ministry summary showed. • China and the EU are due to hold trade talks under a trade and investment ‌consultation mechanism later this year. The ​EU's trade chief has said he wants ​results on trade talks ​by October. Advertisement Advertisement• Wang set out China's ​position on issues ‌including trade imbalances, the Ukraine crisis, human rights and ​artificial intelligence, his ministry said.