(ECNS) -- China does not acknowledge nor accept the European Union’s final ruling on its anti-subsidy investigation into imports of Chinese electric vehicles and has filed a lawsuit under the WTO dispute settlement mechanism, the Ministry of Commerce (MOC) said at a press conference on Wednesday.
China has reiterated that the EU’s anti-subsidy investigation is unfair, non-compliant and unreasonable protectionist practice, according to the MOC, which called it a case of “unfair competition” in the name of “fair competition.”
China will continue to take all necessary measures to resolutely protect the legitimate rights and interests of Chinese companies, it was stressed.
While the EU has expressed its intention to continue consultations with China on price commitment, the latter has consistently advocated for the resolve of trade disputes through dialogue and consultations and has made every effort toward this end.
Currently, technical teams from both sides are engaged in a new round of discussions to achieve a mutually acceptable solution and prevent the escalation of trade friction, the MOC said.
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