China and Canada agree to address EV, rapeseed issues

China will fully consider Canada's legitimate concerns and its final ruling on the anti-dumping probe into rapeseed imported from Ottawa will be based on facts and evidence, the Ministry of Commerce said on Thursday.

"China has consistently advocated for resolving trade disputes through dialogue and consultation," ministry spokeswoman He Yongqian said at a news conference after China and Canada made arrangements to address trade issues including electric vehicles and rapeseed.

Under the arrangement, Canada will grant an annual quota of 49,000 units for Chinese EVs. Within this quota, vehicles will be subject to a 6.1 percent most-favored-nation tariff rate instead of the 100 percent surtax, with the quota set to increase annually by a certain percentage, He said.

"We believe that these measures will play a positive role in deepening China-Canada trade and industrial cooperation in related sectors, as well as enhancing the well-being of people in both countries," she added.