He Yadong, the spokesperson for China's Ministry of Commerce, announced that following several rounds of consultations between China and the EU, a consensus was achieved within the parameters set by the World Trade Organization regulations. This consensus has facilitated a 'soft landing' for the electric vehicle case, a move that has been broadly applauded by the international community and various stakeholders, including the China-EU industrial sectors. Building on the outcomes of these consultations, both China and the EU are committed to supporting Chinese electric vehicle companies in effectively leveraging price undertakings. The European side has released pertinent guidance documents, pledging to conduct an objective and fair evaluation in accordance with the principle of non-discrimination. The automotive industries in China and Europe are deeply intertwined, characterized by mutual benefit and a win-win scenario. China expresses the hope that the European side will honor the consensus reached during the China-EU leaders' summit and uphold the results of the case consultations. China eagerly anticipates more Chinese enterprises reaching agreement with the European side on price undertakings. China is also open to ongoing dialogue with the European side to foster an open and stable market environment.
