The European Union has reportedly asked China to voluntarily cap hybrid vehicle exports to Europe at 15 percent to prevent a trade dispute. Chinese officials have emphasized the importance of mutual benefit and market openness in trade relations.
AI-generated from the sources below. Always check the originals.
China emphasizes that economic and trade relations should be based on mutual benefit and that it will take necessary measures to protect its enterprises.
The specific details of the 15 percent limit are not the primary focus of the official response.
The report highlights the influx of Chinese hybrid cars into the European market and the EU's attempt to avoid an open trade conflict.
The response from Chinese authorities is not mentioned.
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