China has reaffirmed its commitment to maintaining open trade channels with the European Union, with both sides working to stabilize industrial markets through continued dialogue. The announcement comes after Brussels approved tariff exemptions for a China-manufactured Volkswagen SUV under a negotiated pricing model, signaling progress in cross-regional cooperation.
Ministry of Commerce spokesperson He Yadong stated on Thursday that recent negotiations yielded a "soft landing" for electric vehicle trade disputes under World Trade Organization frameworks. "This outcome demonstrates our shared dedication to rules-based solutions," He emphasized during a press briefing, noting broad international support for the agreement.
The breakthrough follows months of technical discussions establishing a minimum price and quota system for Chinese EV imports to EU markets. Both parties have agreed to implement non-discriminatory evaluation processes, with Chinese manufacturers encouraged to utilize price adjustment mechanisms outlined in new EU guidance documents.
With automotive supply chains deeply integrated across both economies – European automakers operate 38 production bases in the Chinese mainland while Chinese EV brands gain European market share – officials stress the need for sustained collaboration. He urged implementation of leadership-level consensus to maintain "mutually beneficial industrial development."
Analysts suggest the Volkswagen case could set precedent for resolving future trade considerations, particularly as Chinese companies expand green technology exports. Over 12% of Europe's EV imports now originate from China, with joint R&D projects accelerating battery innovation timelines.
