On January 12th, news emerged indicating that the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME) had made a statement. The CCCME emphasized that a proper resolution of the EU's anti - subsidy case against Chinese electric vehicles is a shared aspiration among enterprises across the upstream and downstream sectors of the China - EU electric vehicle industry.

Such a resolution is of paramount importance. It not only helps safeguard the security and stability of the industrial and supply chains for electric vehicles between China and the EU but also upholds the broader picture of China - EU economic and trade cooperation as well as the rules - based international trade order.

Following several rounds of in - depth consultations, China and the EU have managed to reach a "soft landing" for this case. The CCCME extended its heartfelt gratitude to China's Ministry of Commerce, acknowledging its diligent efforts and remarkable achievements in protecting industrial interests.

Moreover, the CCCME pledged to encourage the enterprises involved in the case to make the most of the consultation outcomes. These enterprises are urged to apply for price undertakings, actively seek export rights to Europe, and contribute to the sound and sustainable development of industrial cooperation between China and the EU.