A spokesperson for China's Ministry of Commerce stated that the China-EU technical teams will immediately launch a new phase of negotiations regarding the price commitments for the EU's anti-subsidy case on Chinese electric vehicles (EVs).After intensive communication, the EU expressed its intention to continue negotiations in China on the specifics of the proposal. China welcomes this move and hopes that the next phase of negotiations will adhere to the principles of pragmatism and balance in order to reach a mutually acceptable solution.Related NewsCLSA Raises LEAPMOTOR (09863.HK) TP to $40.6, Keeps Rating at Outperform