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Story summary
- China and the EU reached a 16-point trade and investment pact in Beijing.
- Commissioner Maroš Šefcovic said China will cut hybrid-vehicle exports to EU by over half.
- Minister Wang Wentao and Šefcovic confirmed a green-channel for rare-earth licences to the EU.
- Sides will study WTO tariffs and continue EV price-undertaking reviews under anti-subsidy probe.
- A third China-EU consultation meeting is set for March 2027, with a video session in January.
