China stands ready to work with all sides to open up a new chapter of building a China-Pacific Island countries community with a shared future, Foreign Ministry spokeswoman Mao Ning said at a press conference on Thursday.
Wang made the remarks when briefing reporters about the outcomes of the third China-Pacific Island Countries Foreign Ministers' Meeting, which took place in Xiamen, east China's Fujian Province,from Wednesday to Thursday.
"This year marks the 50th anniversary of diplomatic ties between China and Pacific Island countries (PICs). The 'four full respects' proposed by President Xi Jinping is the fundamental guidance for China to develop relations with PICs. We always see them as good friends, good partners and good brothers. The development of our bilateral ties vividly demonstrates that friendship, whenever it happens, is cherishable; cooperation, whatever its size, is valuable. We've set fine example of big and small countries pursuing peaceful coexistence and Global South countries seeking development in solidarity," Mao said.
"Foreign Minister Wang Yi made six-point proposal on building a China-PICs community with a shared future, namely rendering each other respect, putting development first and people at the center, pursuing exchanges and mutual learning, upholding fairness and justice, and strengthening mutual assistance," said the spokeswoman.
"Foreign Minister Wang stressed that faced with profound changes of our times and of the historical trajectory, China believes that upholding peace, development, cooperation and mutual benefit is the only right choice, and stands ready to work with all sides to open up a new chapter of building a China-PICs community with a shared future," she said.
Spokeswoman on outcomes of 3rd China-Pacific Island Countries Foreign Ministers' Meeting
China and the European Union (EU) have agreed that it is necessary to provide general guidance on price undertakings for Chinese exporters of passenger battery electric vehicles to the EU, China's commerce ministry said on Monday.
The move aims to address relevant concerns in a more practical, targeted, and consistent manner with World Trade Organization (WTO) rules, according to the Ministry of Commerce in a statement.
Accordingly, the European Commission will issue a Guidance Document on Submission of Price Undertaking Offers. In the document, the EU confirms that it will assess each undertaking application under the same legal criteria, in accordance with the principle of non-discrimination and relevant WTO rules, in an objective and fair manner.
The progress fully reflects the spirit of dialogue and the outcomes of consultations between China and the EU. It shows that both China and the EU have the ability and willingness to properly resolve differences through dialogue and consultation within the framework of WTO rules, thereby maintaining the stability of automotive industrial and supply chains in China, the EU, and the whole world. This is conducive not only to ensuring the healthy development of China-EU economic and trade relations, but also to safeguarding the rules-based international trade order, the statement said.
On the same day, the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME) also issued a statement welcoming the positive outcome of the consultations.
The CCCME noted that eligible Chinese EV makers may now submit price undertaking applications in accordance with the EU's guidance, and the European Commission has pledged to review all applications objectively, fairly, and under uniform standards.
The proper settlement of this case meets the shared expectations of industries along the EV supply chain in both China and Europe. It will help ensure the security and stability of related industrial and supply chains and safeguard the broader China-EU economic and trade relationship, the CCCME said.
The chamber expressed appreciation for the substantial efforts made by China's Ministry of Commerce in defending the interests of the domestic industry. It also pledged to encourage and support relevant Chinese enterprises in making full use of the consultation outcomes to protect their interests in exporting to the EU and promote healthy cooperation between the industries of both sides.
China, EU agree on price undertaking guidance for Chinese electric vehicle exporters: commerce ministry