Update: China, EU agree on price undertaking guidance for Chinese electric vehicles: commerce ministry


BEIJING, Jan. 12 (Xinhua) -- China and the European Union (EU) have agreed that it is necessary to provide general guidance on price undertakings for Chinese exporters of battery electric vehicles for passengers to the EU, China's commerce ministry said on Monday.

The move aims to address relevant concerns in a way that is more practical, targeted, and consistent with WTO rules, according to the Ministry of Commerce in a statement.

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