Brussels, (TDI): China’s Minister of Commerce Wang Wentao and European Commission (EC) Executive Vice President and Trade Commissioner Valdis Dombrovskis held in-depth consultations in Brussels regarding the European Union’s ongoing anti-subsidy investigation into Chinese electric vehicles.
The talks marked a significant effort by both sides to resolve the escalating trade dispute, according to a statement issued by China’s Ministry of Commerce (MOFCOM).
During the meeting, both parties expressed their clear political intent to address differences through dialogue and consultation.
They also agreed to continue advancing negotiations over price commitments, with a shared goal of finding a mutually acceptable solution.
This move was welcomed by Chinese business groups and experts, who viewed it as a constructive step forward.
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The European Commission’s willingness to resolve the issue through dialogue is an encouraging development.
Officials and business communities from both regions have consistently warned that simply raising tariffs is not a sustainable solution.
China’s Stance on the Investigation
The Chinese delegation, during the meeting, strongly objected to the European Commission’s decision to initiate the anti-subsidy investigation without any formal applications from the EU’s own industries.
Chinese officials described the investigation’s findings as “unreasonable, non-compliant, and unfair,” according to MOFCOM’s statement.
Nevertheless, China reiterated its commitment to resolving the dispute through dialogue, reflecting what it termed the “utmost sincerity” in seeking a diplomatic solution.
China also proposed a price commitment solution during the course of the investigation.
This proposal was further refined based on concerns raised by the EU, indicating China’s flexibility and constructive approach to the issue.
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However, Beijing has made it clear that it will protect the legitimate rights of its enterprises if the EU insists on imposing unjustified tariffs.
While the European Commission has signaled its openness to consultations, the question remains whether it will implement the necessary measures to address China’s concerns adequately.
At Thursday’s meeting, the Chinese side urged the EU to adhere to the consensus reached by leaders from China, France, and the EU on resolving trade frictions through dialogue.
The Chinese Ministry of Commerce emphasized that positive actions from the EU are required to demonstrate its commitment to resolving the conflict and avoiding further economic tensions.
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