The spokesperson of the Ministry of Commerce answered reporters' questions on the "dual track" approach proposed by the EU summit towards China
Q: According to media reports, the EU believes that its pressure on China in the hybrid vehicle negotiations has been effective and plans to impose restrictions on more industries. The recent EU summit proposed a "dual track" approach towards China, which will continue intensive consultations while increasing restrictions on China, even including the use of "anti coercion" tools. What is China's comment on this?
Answer: The Chinese side has taken note of the relevant reports. The understanding reached between China and Europe on hybrid vehicles, based on the three principles of compliance with WTO rules, factual basis, and non discrimination, is mutually beneficial. It not only effectively safeguards the actual interests of Chinese enterprises, but also responds to the concerns of the European side and avoids the escalation of trade frictions between China and Europe. The claim that 'European pressure works' is unfounded.
The purpose of China EU economic and trade consultations is to resolve differences and accommodate each other's concerns through dialogue and negotiation. Both sides need to show sincerity in solving the problem. The European side cannot fantasize about using pressure to gain benefits, let alone underestimate China's determination and ability to safeguard its own interests. We urge the EU and China to move towards each other and promote the healthy and stable development of China EU economic and trade relations.