2024-10-04
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on the 4th local time, the european union held a vote on whether to impose a five-year countervailing duty on chinese electric vehicles. according to a statement issued by the european commission,the european commission's proposal to impose tariffs on imported pure electric vehicles from china received the necessary support from eu member states during the vote.
in this regard,ministry of commerce of chinawhen answering a reporter’s question regarding the eu’s vote to pass the final draft ruling on the electric vehicle countervailing case, the spokesperson said,china firmly opposes the eu’s unfair, non-compliant and unreasonable protectionist practices in this case, and firmly opposes the eu’s imposition of countervailing duties on chinese electric vehicles.
eu china chamber of commercea statement was issued that day expressing strong dissatisfaction with the eu's promotion of trade protectionist measures.
on october 4 last year, the european commission launched a countervailing investigation into electric vehicles imported from china. on july 4 this year, it began to impose temporary countervailing duties on chinese electric vehicles.on august 20, the european union released the final draft of the anti-subsidy investigation into china's electric vehicles, indicating that it plans to impose countervailing duties of 17% to 36.3% on chinese electric vehicles.
ministry of commerce: urges the eu to return to the right track of resolving trade frictions through consultations
the ministry of commerce stated,china's electric vehicles adhere to market leadership and are based on full competition. through continuous independent innovation, they have increased the world's high-quality supply of green public goods and made important contributions to the global response to climate change.the eu's protectionist practices seriously violate wto rules and interfere with the normal international trade order. they not only hinder china-eu trade and investment cooperation and delay the eu's own green transformation process, but will also affect the global joint efforts to deal with climate change.
china has implemented the consensus reached by the leaders of both sides, always based on the overall interests of safeguarding the china-eu comprehensive strategic partnership, and has always upheld the greatest sincerity in properly handling differences through dialogue and consultation.
china firmly opposes the eu's draft final ruling, but also notes the eu's political will to continue to resolve the issue through negotiations.the china-eu technical team will continue negotiations on october 7.china hopes that the european side will clearly realize that imposing additional tariffs will not solve any problems, but will only shake and hinder the confidence and determination of chinese enterprises in investing and cooperating with europe.china urges the eu to truly demonstrate its political will and return to the right track of resolving trade frictions through consultations. china will also take all measures to firmly safeguard the interests of chinese enterprises.
eu-china chamber of commerce: this is an unfair protectionist approach driven by politics
a statement issued by the eu-china chamber of commerce shows that the china-eu negotiating team is still negotiating intensively to find possible solutions.the chamber of commerce therefore strongly calls on the european side to act prudently, postpone the implementation of tariffs, and commit to properly resolving frictions and differences through dialogue and consultation., avoid the escalation of bilateral trade frictions, jointly safeguard free trade and prosperity in the green and clean fields between china, europe and the world, and use practical actions to promote the efforts of both parties and the world to deal with climate change.
the chamber of commerce emphasized again thatthe eu’s countervailing investigation against chinese electric vehicles is an unfair protectionist approach driven by politics, the competitive advantage formed by china's electric vehicle industry chain does not come from subsidies, but from the overall supply chain advantages developed under fierce market competition.the imposition of high countervailing duties will not only affect chinese companies, but will also disrupt the production of electric vehicles in china by european and global companies.; imposing high tariffs on electric vehicles originating in china will not enhance the resilience of local industries in europe and other markets. on the contrary, it will lose relevant chinese investment in europe, ultimately weakening the competitiveness of the european market itself and the vitality of the global electric vehicle industry chain. .
confederation of german industry calls for talks to continue
prevent the escalation of china-eu trade conflict
in response to the decision of eu member states to impose countervailing duties on chinese electric vehicles, tanya gerner, director general of the confederation of german industry, issued a statement that day emphasizing that,relevant decisions should not end the dialogue between the two sides, and german industry has called for continued negotiations to prevent the escalation of trade conflicts.at the same time, european industry's interests in stable economic relations with china must also be balanced.
gurner said that he supports the adoption of trade protection measures when conditions are met to protect the european market from unfair competition, but it must also balance protection and openness to maintain stable economic relations between europe and china. she further reiterated,the two major economies of europe and china should focus on risk management in cooperation to avoid potential geopolitical and economic risks.
hungarian prime minister: opposes the eu’s tariffs on chinese electric vehicles
hungarian prime minister orban said in an interview with the media on the 4th,oppose the eu’s imposition of punitive tariffs on chinese electric vehicles.
orban said,the eu’s decisions appear to limit its ability to compete, grow and develop. the actions taken by the eu are posing a huge threat to world trade and will greatly affect hungary's export-oriented economy. orban said,hungary will maintain "economic neutrality", that is, looking for the possibility of safeguarding its own interests in the economic conflict between east and west.
source: cctv news wechat official account