In a bid to strengthen economic ties, Chinese Commerce Minister Wang Wentao and European Commissioner for Trade and Economic Security Maros Sefcovic connected via video link on Thursday. The two leaders delved into crucial economic and trade matters, focusing on the electric vehicle (EV) industry and broader trade relations.
According to a statement from China’s Ministry of Commerce released on Friday, the discussions were both in-depth and professional. Key topics included the European Union’s anti-subsidy investigation into electric vehicles, trade remedy cases, export controls, and market access challenges.
Both sides emphasized the importance of collaboration, agreeing to make joint efforts and meet each other halfway. They underscored the need to prepare diligently for significant China-EU agendas scheduled for this year, aiming to promote healthy, stable, and sustained development of China-EU economic and trade relations.
The conversation comes at a pivotal time, as both regions navigate the complexities of global trade and the rapid growth of the EV market. The commitment from both leaders signals a mutual desire to address trade disputes amicably and enhance cooperation in emerging industries.
