BEIJING – China and the European Union have made progress in negotiations on a proposed price commitment plan concerning Chinese electric vehicles, the Chinese Commerce Ministry said on Friday.

Chinese and EU technical teams held five rounds of talks in Beijing from Nov 2 to 7, a spokesperson for the ministry said in an online statement in response to media queries.

READ MORE: China, EU engage in intensive consultations on EV tariffs

The teams engaged in in-depth discussions on the specifics of the price commitment plan submitted by the China Chamber of Commerce for Import and Export of Machinery and Electronic Products, added the spokesperson.

The Chinese side believes the overall advancement of the negotiations based on the chamber's plan, which is on behalf of the industry, will help maintain mutual trust, facilitate consensus-building and resolve differences through consultations, to avoid an escalation of the trade frictions, according to the spokesperson.

ALSO READ: EU should uphold strategic autonomy instead of doing Washington's bidding

The two sides have agreed to continue negotiations via video or other means, the spokesperson added.