Price commitment consultations between China and the EU on Chinese-made electric vehicles exported to the EU have also entered a final stage but efforts from both sides are still needed, according to a statement on the Chinese Commerce Ministry's website.
The comments mark progress on matters that have vexed China's relationship with the EU over the past year.
The ministry said China attached great importance to the EU’s concerns and “was willing to establish a green channel for qualified applications to speed up the approval process.”
Brandy, Evs
Chinese anti-dumping measures that applied duties of up to 39% on imports of European brandy - with French cognac bearing the brunt - have also strained relations between Paris and Beijing.
The Chinese duties have dented sales of brands including LVMH's Hennessy, Pernod Ricard's Martell and Remy Cointreau.
China's Commerce Ministry said on Saturday that French companies and relevant associations had proactively submitted applications on price commitments for brandy to China and that Chinese investigators had reached an agreement with them on the core terms.
In April, the European Commission said the EU and China had also agreed to look into setting minimum prices of Chinese-made electric vehicles instead of tariffs imposed by the EU last year.
China’s commerce ministry said the EU had also proposed exploring “new technical paths” relating to EVs, which the Chinese side was now evaluating.
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