China and the European Union are expediting consultations on the latter's anti-subsidy investigation into Chinese electric vehicles, and aim to reach a mutually acceptable solution by addressing the reasonable concerns of both sides, said China's Ministry of Commerce on Thursday.▲Chinese new energy vehicles on display during an auto expo in Brussels earlier this year. ZHAO DINGZHE/XINHUA As China and the EU agreed last week to start consultations, He Yadong, spokesman for the Commerce Ministry, said the essence of China-EU cooperation lies in complementary advantages and mutual benefits. Both sides have vast potential for collaboration in the field of green transition.He said the EU is encouraged to work with China to expedite consultations, achieve positive progress and reach mutually acceptable solutions to prevent trade frictions from escalating, which could affect China-EU economic and trade relations.Even though Chinese EVs account for just a small share of the EU's EV imports,
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