Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Industries

China firmly opposes move on EV tariffs

EU's unilateral plan raises concerns; Beijing announces dairy import probe

By Zhong Nan and Li Jiaying | China Daily | Updated: 2024-08-22 07:23
Share
Share - WeChat

The European Union's plan to impose definitive countervailing duties on imports of electric vehicles from China is likely to weaken Chinese investors' confidence in Europe and hinder the growth of the global green industry, said market watchers and industry leaders on Wednesday.

The European Commission, the EU's executive arm, said on Tuesday that it plans to impose import tariffs of up to 36.3 percent on EVs produced in China, and that any potential measures would be in force for five years. A final decision is pending.

Following the EU's move, China's Ministry of Commerce vowed to take all necessary measures to defend the legitimate rights and interests of Chinese companies.

In addition, to safeguard the interests of China's dairy businesses, the ministry announced on Wednesday that China will launch an anti-subsidy probe into certain dairy products imported from EU member states.

The ministry will review the applicants' qualifications, details regarding the products under investigation, the impact of these products on the domestic industry, and pertinent information about the involved countries or regions.

The EV tariffs decision was based on facts determined unilaterally by the EU, rather than mutually recognized facts, and China firmly opposes it and is deeply concerned about the move, the Commerce Ministry said in an online statement late Tuesday.

Since the end of June, China and the EU have conducted more than 10 rounds of technical consultations on the EV issue, according to the ministry.

Zhang Xiang, an auto industry researcher at Beijing-based North China University of Technology, said the release of the definitive findings underscores the EU's clear bias against Chinese EVs, further complicating the ongoing talks.

Similar views were expressed by Sun Xiaohong, secretary-general of the automotive branch of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products, or the CCCME.

The European Commission "has largely maintained the originally proposed import duties on Chinese automakers, despite extensive efforts by the Chinese government, industry associations and manufacturers to communicate and coordinate since early July", said Sun.

Shi Yonghong, vice-president of the CCCME, said that even though many European countries such as Spain, France, Italy and Poland are eager to attract Chinese investment, the EU's decision will raise concerns among Chinese investors about the market and policy environment in the EU.

This could affect Chinese companies' future direct investment in Europe, especially that of companies in the EV, power battery and auto parts industries, he said.

Bai Ming, a member of the Academic Degree Committee at the Chinese Academy of International Trade and Economic Cooperation in Beijing, said, "If a win-win situation cannot be achieved, Chinese companies are likely to avoid the European market and seek new opportunities elsewhere."

Chinese automaker BYD, rather than investing elsewhere in Europe this year, will invest around $1 billion to build a plant in Turkiye, according to information released by the Turkish Ministry of Industry and Technology in early July. The factory will have an annual capacity of 150,000 vehicles.

Turkiye's membership in the EU Customs Union will enable vehicles produced within its market to be exported to EU countries without incurring tariffs.

Maciej Mazur, president of the Brussels-based European Association for Electromobility, said in late July that the EU's planned tariffs on Chinese EVs will lead to an increase in European EV prices, hurting European consumers and car manufacturers, and will cause friction in China-EU business relations.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: h视频在线观看免费观看| 日本免费一区二区三区最新 | 麻豆国产一区二区在线观看| 丰满大白屁股ass| 色偷偷成人网免费视频男人的天堂| 蜜桃成熟时1997在线观看在线观看| 美女污污视频在线观看| 精品无码国产一区二区三区av| 波多野结衣中文一区二区免费| 精品哟哟哟国产在线不卡| 激情综合网婷婷| 日韩精品成人一区二区三区| 日本娇小xxxⅹhd成人用品| 性欧美激情xxxd| 国产麻豆剧传媒精品国产AV| 国产欧美在线观看一区二区| 国产小视频在线免费| 做a的视频免费| 乱人伦人妻中文字幕| 一级毛片在线免费播放| 97日日碰人人模人人澡| 亚洲伊人tv综合网色| 亚洲xxxxx| 精品久久中文网址| 精品96在线观看影院| 欧美激情在线一区二区三区 | 色青青草原桃花久久综合| 直接进入免费看黄的网站| 欧美zooz人禽交免费观看| 少妇无码太爽了不卡视频在线看| 国产色视频一区| 国产一区二区三区精品久久呦| 伊人色综合久久天天网| 久久综合久久鬼色| aa视频在线观看| 麻豆中文字幕在线观看| 精品乱码一区二区三区在线| 有色视频在线观看免费高清在线直播| 岳双腿间已经湿成一片视频| 国产精品99久久久久久人| 军人野外吮她的花蒂无码视频|