[Ministry of Commerce: The understanding reached by China and the EU in the field of hybrid vehicles is reciprocal and mutually beneficial] On October 15th, at the Ministry of Commerce’s regular press conference held today, the spokesperson responded to the understanding reached by China and the EU in the field of hybrid vehicles. Ministry of Commerce spokesperson He Yadong said that the understanding reached by both parties in the field of hybrid vehicles is reciprocal and mutually beneficial, and is based on the three major principles emphasized and confirmed by both parties under the framework of WTO rules, namely full-process compliance, respect for facts and non-discrimination. The relevant consensus has effectively safeguarded the actual interests of Chinese enterprises and avoided the escalation of China-EU trade friction. This fully demonstrates that China and the EU have negotiated through rules-based consensus, which can not only solve problems, but also deepen mutually beneficial cooperation and promote the upward balance and forward development of China-EU trade.