China_and_EU_Launch_Talks_on_Electric_Vehicle_Subsidy_Investigation

China and EU Launch Talks on Electric Vehicle Subsidy Investigation

Chinese Minister of Commerce Wang Wentao engaged in video talks with Valdis Dombrovskis, the European Commission's Executive Vice President and Commissioner for Trade, this Saturday at Valdis's request.

The discussions focused on the European Union's anti-subsidy investigation into China's electric vehicle (EV) sector. Both parties agreed to initiate consultations to address the EU's concerns regarding potential subsidies that may affect fair competition in the EV market. This development marks a significant step towards resolving trade tensions and promoting collaboration in the rapidly growing electric vehicle industry.

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