Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap China to keep track of EU actions against Chinese businesses !

China to keep track of EU actions against Chinese businesses

Time:2024-05-21 14:22:47 source:Earthly Edition news portal

China will closely keep track of the European Union's subsequent actions, and firmly safeguard the legitimate rights and interests of Chinese businesses, after the European Commission implemented a special customs registration process on Chinese-made electric vehicles (EVs), said the Ministry of Commerce.

Starting from March 7, this EU policy could potentially affect China's EV exports to Europe, as it may be succeeded by further punitive tariffs.

"We have noticed this move. China expresses high concern over this and the industry is extremely worried about the potential retroactive tariff measures that the EU may take in the future," said He Yadong, a spokesman for the ministry.

Speaking at a weekly news conference in Beijing, He said Chinese EV exporters have reported that their export volume to the EU is in line with the changes in the EU's EV consumption, and there is no so-called "surge in imports" or "damage" to the EU market.

The EU's import registration measures and possible retroactive tariffs create a burden on imports, adding obstacles to normal trade activities. This is not conducive to deepening cooperation in the new energy industry between both sides and will also affect the interests of EU consumers, he added.

"China has always insisted on resolving mutual concerns through dialogue and consultation to achieve mutual benefit and win-win results. We hope that the EU will use trade remedy measures prudently, building a more stable and healthy environment for the development of the EV industry in China and the EU," said the commerce official.

Related information
  • Red Lobster seeks bankruptcy protection after closing some restaurants
  • Sad detail in Hugh Jackman's bachelor pad following his split from wife Deborra
  • FTX customers to get money back after catastrophic crypto collapse
  • Police clearing Pro
  • French sports minister calls for sanctions after Monaco player tapes over anti
  • California Supreme Court to weigh pulling measure making it harder to raise taxes from ballot
  • The secrets behind Kylie Minogue's age
  • Sad detail in Hugh Jackman's bachelor pad following his split from wife Deborra
Recommended content
  • Uber and Lyft say they'll stay in Minnesota after Legislature passes driver pay compromise
  • Katie Price 'has vowed to name and shame the celebrity who raped her in explosive new book'
  • Russia launches a 'massive' missile and drone attack on Ukraine's energy facilities
  • Fred Sirieix cosies up to his fiancé Fruitcake who wows in a figure
  • College baseball notebook: Conference tournaments to decide NCAA automatic bids and many at
  • Biden heads to Wisconsin to laud a new Microsoft facility, meet voters — and troll Trump