Tires File photo: VCG

Commenting on recent EC's investigation whether anti-dumping measures are warranted on imports of tires for passenger cars and light lorries from China, MOFCOM spokesperson He Yongqian said on Thursday that China is deeply concerned over the investigation, noting that trade protectionist measures will only increase the burden on consumers, create trade barriers and disrupt the stability and smooth functioning of value and supply chains, ultimately harming both sides.

The spokesperson stressed that China has consistently advocated for the prudent and reasonable use of trade remedy measures, urges the EU to refrain from taking unilateral trade-restrictive actions and resolve mutual concerns through dialogue and consultation. China will closely monitor EU's next moves and will firmly safeguard the legitimate rights and interests of Chinese enterprises, said the spokesperson.

This year marks the 50th anniversary of the establishment of diplomatic relations between China and the EU and there are many important items on the agenda between the two sides, He stated. 

"We will maintain dialogue and communication with the EU, properly handle economic and trade differences, deepen mutually beneficial cooperation and promote the sound and forward-looking development of China-EU economic relations, injecting more certainty and positive momentum into China-EU ties and the global economy," said He. 

Global Times