Gasgoo Munich- On October 14, GAC Group issued a statement endorsing the consensus reached through the China-EU trade and investment consultation mechanism.
The statement noted that, facilitated by the China-EU Trade Consultation Mechanism (TIC), both sides recently reached multiple agreements on bilateral economic and trade issues — including the automotive sector — on the basis of equality and mutual benefit.
The principles affirmed in this consultation respect facts and ensure fairness, aligning with WTO rules while balancing the legitimate rights of all parties and addressing reasonable concerns. This lays a solid foundation for long-term, stable cooperation between enterprises on both sides. It also helps prevent trade frictions from escalating, keeps the automotive supply chain stable and flowing, and creates a more predictable environment for trade and investment among automakers.
Image source: GAC Group
Moving from "Made in China" to "Globally Trusted," GAC Group has consistently relied on strategic resolve, deep technological expertise, and extensive local layouts to drive high-quality global expansion for Chinese industries — delivering the value of better mobility to users worldwide.
GAC Group pledged to continue operating in strict compliance with the law. Using the consensus from this China-EU hybrid vehicle trade consultation as a springboard, the automaker plans to deepen its presence in Europe and strengthen mutually beneficial ties with European partners. By delivering high-quality products and services, GAC aims to foster shared growth in the China-EU auto industry and ensure bilateral economic cooperation remains steady and enduring.
