Brussels, January 12 (Xinhua) -- The EU-China Chamber of Commerce, headquartered in Brussels, issued a statement on the 12th, expressing its strong welcome and full affirmation of the dialogue and consultation between China and the EU to achieve a "soft landing" for electric vehicles, and believing that this joint decision by China and the EU will significantly boost market confidence.
The statement indicated that the dialogue and consultation between China and the EU to achieve a "soft landing" for the electric vehicle case is an important outcome that positively addresses the concerns of the industry, including the automotive sector. This not only contributes to the healthy and stable development of China-EU economic, trade, and investment cooperation and bilateral relations, but also sends a clear and strong signal to the global market. As two of the world's most important economies, this joint decision by China and the EU has significant bilateral implications and a positive global demonstration effect.
The statement indicated that a proper resolution of the electric vehicle case between China and the EU would significantly boost market confidence, create a more stable and predictable environment for Chinese electric vehicle and related supply chain companies to invest and operate in Europe, and help promote deeper cooperation between China and the EU in areas such as market expansion and technological innovation, injecting new impetus into the green transformation and industrial synergy between China and the EU, and even globally.
The statement emphasizes that the competitiveness of China's electric vehicle industry stems from continuous technological innovation and cost and scale advantages developed through full market competition, rather than reliance on subsidies. The EU-China Chamber of Commerce is willing to continue playing its role as a bridge and link, supporting higher-level and more constructive mutually beneficial cooperation between Chinese and European companies based on these positive outcomes, and promoting the steady and long-term development of China-EU economic, trade, and investment relations. (End)
