Predicting unseen relations that cannot be observed during the training phase is a challenging task in relation extraction. Previous works have made progress by matching the semantics between input instances and label descriptions. However, fine-grained matching often requires laborious manual annotation, and rich interactions between instances and label descriptions come with significant computational overhead. In this work, we propose an efficient multi-grained matching approach that uses virtual entity matching to reduce manual annotation cost, and fuses coarse-grained recall and fine-grained classification for rich interactions with guaranteed inference speed. Experimental results show that our approach outperforms the previous State Of The Art (SOTA) methods, and achieves a balance between inference efficiency and prediction accuracy in zero-shot relation extraction tasks. Our code is available at https://github.com/longls777/EMMA.

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