MOFCOM BJT
MOFCOM Spokesperson’s Remarks on Media Reports That the EU Wants China to Voluntarily Restrict Exports of Hybrid Vehicles to Europe
Q: Recently, some media reported that the EU wants China to voluntarily restrict exports of hybrid vehicles to Europe, and that China could otherwise face higher tariffs. What is China’s comment?
A: The Chinese side has noted the relevant reports. These so-called voluntary export restrictions seriously violate WTO rules and run counter to the laws of the market economy and the principle of fair competition. China firmly opposes this. China’s position is consistent. Any solution between China and the EU must ensure a balance of interests, comply with WTO rules and their respective domestic laws, and fully accommodate the interests of industries on both sides. (Released on September 18)