China, EU agree on hybrid-vehicle trade, export controls, further tariff talks
( October 12, 2026, 03:25 GMT | Official Statement) -- MLex Summary: China and the EU have agreed to continue discussions on lowering tariffs on certain goods, reached an understanding on hybrid-vehicle trade and pledged to facilitate export licensing for rare earths, permanent magnets and dual-use goods, according to a joint statement published by China's Ministry of Commerce on Friday. The statement followed talks between Chinese Commerce Minister Wang Wentao and European Commissioner for Trade and Economic Security Maroš Šefčovič in Beijing on Oct. 8-9. The two sides also agreed to continue procedures concerning price undertakings and reviews in the EU's antisubsidy investigation into Chinese electric vehicles, hold technical discussions on the EU's Foreign Subsidies Regulation and strengthen cooperation on intellectual property protection. Both sides pledged to maintain stable, more balanced trade relations under World Trade Organization rules. They will hold a ministerial video meeting in January before their next round of talks in March 2027.Statement follows and list of agreed outcomes from China-EU talks (in Chinese)....
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