Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
BEIJING, Feb. 12 (Xinhua) — Chinese Ministry of Commerce spokesperson He Yadong on Thursday expressed hope that more Chinese enterprises will sign price commitment agreements with the EU.
He made this statement at a regular press conference, commenting at the media's request on the European Commission's approval of a duty exemption for one model of Chinese-made Volkswagen SUV, which will now be imported at a minimum price and within quotas.
After several rounds of consultations, China and the EU have reached a "soft landing" on the electric vehicle deal within the framework of World Trade Organization rules, he said, adding that the results were widely welcomed by the international community and industries on both sides.
In accordance with the consensus reached during bilateral consultations, China and the EU should support Chinese electric vehicle manufacturers in effectively implementing pricing commitments. To this end, the European side has issued a guidance document developed following the bilateral consultations and committed to conducting relevant assessments in a non-discriminatory, objective, and fair manner, he recalled.
The Chinese and European automotive industries are deeply integrated, offering mutual benefits and win-win results, the official representative noted. He expressed hope that the European side will conscientiously implement the important consensus reached at the China-EU leaders' meeting and the results of the ongoing consultations.
China is ready to maintain dialogue and contacts with the EU to promote the creation of an open and stable market environment for the development of the automobile industry in both China and the EU, He Yadong assured. -0-
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