China, EU expedite talks on EV tariffs

Both sides hope to reach win-win solution given vast scope for green ties

China and the European Union are expediting consultations on the latter's anti-subsidy investigation into Chinese electric vehicles, and aim to reach a mutually acceptable solution by addressing the reasonable concerns of both sides, said China's Ministry of Commerce on Thursday.

As China and the EU agreed last week to start consultations, He Yadong, spokesman for the Commerce Ministry, said the essence of China-EU cooperation lies in complementary advantages and mutual benefits. Both sides have vast potential for collaboration in the field of green transition.

He said the EU is encouraged to work with China to expedite consultations, achieve positive progress and reach mutually acceptable solutions to prevent trade frictions from escalating, which could affect China-EU economic and trade relations.