China Pushes for Resolution in EU Electric Vehicle Tariff Negotiations

China aims to reach a mutually acceptable solution with the EU regarding upcoming tariffs on Chinese electric vehicles. Beijing refutes claims of unfair subsidies, attributing its EV industry's success to technological and market advantages. Ongoing technical discussions seek to prevent trade tensions from affecting China-EU economic relations.

China hopes negotiations will lead to a "mutually acceptable solution" with the European Union on preliminary tariffs on Chinese electric vehicles (EV) scheduled to take effect on July 4, its commerce ministry said on Thursday.

Beijing wants the EU to scrap plans to impose the curbs, Chinese state media reports, but Brussels has made clear that it expects China to come to technical talks taking place this week with a road map for "addressing the injurious subsidisation" of its EV industry if there is to be a negotiated outcome. China has long rejected accusations of unfair subsidies, saying the development of its EV industry has been the result of advantages in technology, market and industry supply chains.

"At present, the two sides' working teams are in close communication and stepping up their consultations," said He Yadong, a commerce ministry spokesperson, at a regular news conference. "It is hoped that the EU and China will work in the same direction ... and reach a mutually acceptable solution to avoid the escalation of trade frictions adversely affecting China-EU economic and trade relations," he added.

The commerce ministry also said it had received and was reviewing materials submitted on behalf of China's electronic products industry concerning an EU trade barriers investigation.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)