At the Ministry of Commerce's regular press conference held today, a reporter asked: European Commission Trade and Economic Security Commissioner Shev Covic said on Friday that the current consensus between China and Europe on hybrid vehicle exports comes from China's understanding of European public opinion. What is the Chinese side's response to this? Ministry of Commerce spokesman He Yadong said, “What I want to emphasize is that the understanding reached between the two sides in the field of hybrid vehicles is mutually beneficial and is based on the three principles emphasized and confirmed by the two sides under the WTO rules framework, namely compliance throughout the process, respect for facts, and non-discrimination. The relevant consensus strongly protected the actual interests of Chinese enterprises and avoided the escalation of trade friction between China and Europe. This fully shows that negotiations between China and Europe through rules-based consensus can not only resolve issues, but also deepen mutually beneficial cooperation and promote the upward balance and development of Sino-European trade.

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