Chinese Commerce Minister Wang Wentao and European Commissioner for Trade Maros Sefcovic held a pivotal virtual meeting Thursday, addressing critical trade tensions and cooperation opportunities between the two economic powerhouses. The discussion focused on resolving disputes over the EU’s anti-subsidy investigation into Chinese electric vehicles (EVs), export controls, and market access barriers, according to a Friday statement from China’s Ministry of Commerce.
Both sides emphasized the need for “professional consultations” to balance competing interests, with Wang urging fair treatment of Chinese EV manufacturers. The talks come amid growing global competition in green technologies, where China leads in EV production and battery innovation.
The officials pledged to strengthen preparatory work for upcoming high-level China-EU engagements in 2024, aiming to stabilize supply chains and foster sustainable economic ties. Analysts suggest the dialogue signals cautious optimism as Europe seeks to protect its industries while maintaining access to China’s vast consumer market.
