On October 10, the leader of the European Department at the Ministry of Commerce provided insights into the outcomes of the second regular session of the China-EU Trade and Investment Consultation Mechanism. The two sides agreed to maximize the effectiveness of the trade monitoring mechanism, delve into the potential for tariff reductions on specific goods in line with World Trade Organization regulations, and participate in technical discussions regarding the EU’s Foreign Subsidies Regulation. These efforts aim to foster a trade and investment climate that is equitable, transparent, and foreseeable. Both parties also expressed a willingness to share perspectives on market access challenges in sectors such as medical devices and agricultural products. Furthermore, they committed to ongoing dialogue concerning matters like the guidance document for financing inverter projects, and the regulatory frameworks for cosmetics and pharmaceuticals. Additionally, the two sides engaged in thorough discussions about trade in electric and hybrid vehicles, with a focus on preventing the escalation of trade disputes and protecting the export interests of Chinese companies, as well as ensuring the steady growth of China-EU trade in hybrid vehicles.