China-EU vehicle trade deal eases tensions

China and the European Union have reached an understanding regarding hybrid and electric vehicle trade, which has helped prevent the escalation of trade disputes between them. The two sides agreed to respect facts, avoid discrimination, and adhere to World Trade Organization rules, while preserving China's rights in resolving trade conflicts. Both parties confirmed that these arrangements have helped protect Chinese companies' interests and provided a stable environment for trade and investment, thereby contributing to the joint economic development of China and the European Union.

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