The ministry issued a similar warning earlier this month, but this repetition comes days after an agreement China The European Union is to conduct further technical negotiations on possible alternatives to customs duties Electric cars Chinese made.
The two sides made it clear that price commitments would remain the solution to the dispute, and the ministry said that the next phase of consultations had begun.
The solution is through dialogue
“We welcome the arrival of a team,” Beijing said on Friday European Union To China as soon as possible.
The two sides decided to continue to adhere to prices as a solution to the issue, according to a statement issued by the Chinese Ministry of Commerce following talks held via video link on Friday between the Chinese Minister of Commerce, Wang Wentao, and the Executive Vice President of the European Commission and EU Trade Commissioner, Valdis Dombrovskis.
According to China News Agency (Xinhua), Wang said that there are strong calls and great aspirations from various sectors in China and Europe for the proper handling of this issue.
Wang added that since September 20, extensive negotiations have been held between the two sides on price commitment, with some positive progress achieved in certain aspects, but there are still major differences on issues that are the primary concern of the business communities in China and Europe.
Wang noted that China will not hesitate to safeguard the legitimate rights and interests of its companies. He expressed his hope that the two sides would continue to advance negotiations on the basis of the previous stage of consultations, and achieve fundamental breakthroughs as soon as possible.
In the next stage of price commitment negotiations, consultations should be conducted on the basis of both parties taking each other’s fundamental concerns into account, and in accordance with the principles of pragmatism and balance, Wang said, stressing the need to take into account the effectiveness of the agreement and the fundamental interests of enterprises.
He explained that a bilateral communication mechanism should be established to implement and monitor price commitment on the basis of mutual trust.
The European side put forward specific proposals on the price commitment plan, and suggested that a technical team from both sides participate in video consultations on this issue. The Chinese side agreed to immediately begin the next phase of negotiations and welcomed the European technical team to come to China as soon as possible.
The two sides also exchanged views on the trade redress investigations launched by China against some European Union goods, with the Chinese side stressing that these investigations were initiated at the request of local industries, and in full compliance with the rules of the World Trade Organization, as well as Chinese laws and regulations.
