China willing to boost cooperation in electric vehicles: MOFCOM
China has expressed willingness to enhance international cooperation in the electric vehicle (EV) sector, according to the Ministry of Commerce (MOFCOM). The statement reflects the country’s broader strategy to strengthen its position in the global EV market while fostering cross-border collaboration[1]. MOFCOM emphasized that China remains open to partnerships that align with its domestic policies and international trade obligations. The ministry did not specify potential partners but highlighted the importance of mutual benefit and compliance with global trade norms[1]. The move comes amid growing global demand for EVs and increasing competition among major economies to lead in clean energy technologies. China, the world’s largest EV market, has been expanding its domestic production and export capabilities, with [EV sales continuing to rise][1]. Analysts suggest that international cooperation could help address supply chain challenges and accelerate the adoption of EV technologies worldwide. However, the statement does not indicate any immediate changes to existing trade policies or regulatory frameworks[1]. The announcement underscores China’s strategic focus on maintaining its leadership in the EV industry while engaging with global stakeholders.