China and the EU make a deal. They talk about trade in hybrid cars. Hybrid cars use 2 motors. One motor runs on fuel. The other motor runs on power. Maroš Šefčovič is a leader for trade in the EU. He meets Wang Wentao in Peking. Wang Wentao works as a trade minister in China.
The talks are very hard. The EU wants no trade war. China sells many goods to Europe. Europe sells less goods to China. This is a trade deficit. The deficit is over 370 billion euros in 2025. The EU says China gets unfair help from the state.
The new deal follows rules from the World Trade Organization. Companies must keep their price promises. China wants to make export easier for key materials. These materials include rare earths. Europe needs these materials for batteries. Both sides talk more about pure electric cars.