The Ministry of Commerce responded that EU leaders announced that they will soon launch a countervailing investigation against our electric vehicles
The spokesperson of the Ministry of Commerce answered questions from reporters regarding the announcement by EU leaders of the upcoming anti subsidy investigation into China's electric vehicles
A reporter asked: Recently, the European Union announced that it will launch a countervailing investigation into China's export of electric vehicles. What is the spokesperson's comment on this?
Answer: On September 13th, EU leaders officially announced that they will launch a countervailing investigation against Chinese electric vehicles. The Chinese side expresses high concern and strong dissatisfaction with this.
The Chinese side believes that the investigation measures proposed by the EU are aimed at protecting its own industry under the guise of "fair competition", which is a blatant protectionist behavior that will seriously disrupt and distort the global automotive industry supply chain, including the EU, and will have a negative impact on China Europe economic and trade relations.
In recent years, China's electric vehicle industry has developed rapidly and its competitiveness has continued to improve. This is the result of persistent technological innovation and the construction of a complete industrial and supply chain. It has won a competitive advantage through hard work and its own strength, and has been welcomed by global users, including EU consumers. At the same time, it has made tremendous contributions to the global response to climate change and the green transformation, including the EU.
The China Europe automotive industry has broad cooperation space and common interests. After years of development, it has already formed a pattern of "you have me, I have you". EU automotive companies have been investing and operating in China for many years, and the Chinese market has become the largest overseas market for many EU automotive companies. China has always maintained an open and cooperative attitude and welcomes EU automotive companies to further expand their investment in China, including in electric vehicles.
China urges the EU to engage in dialogue and consultation with China, taking into account the overall situation of maintaining global industrial and supply chain stability as well as the comprehensive strategic partnership between China and Europe, to create a fair, non discriminatory, and predictable market environment for the common development of the electric vehicle industry between China and Europe, to jointly oppose trade protectionism, and to work together towards global efforts to address climate change and achieve carbon neutrality. China will closely monitor the protectionist tendencies and follow-up actions of the European side, and firmly safeguard the legitimate rights and interests of Chinese enterprises.