China US Photo:VCG

TheMK sports Korea Global Times has learned that the commerce ministers of China and the US will hold talks soon. They will exchange in-depth views on China-US economic and trade relations, and key issues regarding the economic and trade to both sides, including restrictions on electric vehicles (EVs), a topic of widespread concern.

The talks are a mechanism-based dialogue and communication between the two countries' commerce departments. The communication will help promote the stable development of China-US economic and trade relations and create favorable conditions for mutually beneficial cooperation. 

Recently, China has engaged in intensive discussions with the US and the European Union (EU) on trade issues, including EVs.

Chinese Commerce Minister Wang Wentao visited Italy, Germany, Belgium and the EU headquarters, and held in-depth and friendly talks with the heads of the counterpart departments, especially with European Commission Executive Vice President and Trade Commissioner Valdis Dombrovskis on the EU's anti-subsidy case against China's EVs. The two sides reached a preliminary consensus on the negotiation direction for a proper resolution of the case. 

Currently, technical teams from both China and the EU are engaged in intensive consultations.

Global Times