China-EU Electric Vehicle Dispute Anti-Subsidy Case and Responses
TapTechNews September 16 news, on September 14, Minister of Commerce Wang Wentao met with the president of the Italian Automobile Industry Association, Vavasori, in Turin, Italy. The two sides exchanged views on issues such as the EU's anti-subsidy case against Chinese electric vehicles and the cooperation between China and Italy in the electric vehicle industry.
According to the Xinhua News Agency's news on the evening of September 12, Minister of Commerce Wang Wentao will also hold talks with the Executive Vice President of the European Commission and Trade Commissioner Dombrovskis on September 19 to negotiate on the EU's anti-subsidy case against Chinese electric vehicles.
On August 20, the EU officially disclosed the draft decision to levy the final anti-subsidy tax on pure electric vehicles imported from China, imposing a final anti-subsidy tax of 9 to 36.3%, and a final ruling will be made by November 4. TapTechNews summarizes as follows:
BYD: 17.0%
Geely Automobile: 19.3%
SAIC Motor: 36.3%
Other cooperative companies: 21.3%
All other non-cooperative companies: 36.3%
Regarding this draft, the spokesperson of the Ministry of Commerce responded on August 20, saying:
China has repeatedly pointed out that the EU's anti-subsidy investigation against Chinese electric vehicles presupposes a conclusion, and the practices in all links of the investigation violate the principle of objective, fair, non-discriminatory, and transparent promised by it, and also does not conform to the WTO rules, which is to do the unfair competition in the name of fair competition.
In the process of this investigation, the Chinese government and the Chinese industry have provided tens of thousands of pages of legal documents and evidentiary materials through various means such as submitting questionnaires, written comments, and presenting opinions at hearings, comprehensively and deeply defending against the unreasonable and non-compliant practices of the EU, and pointing out that the EU's restrictions on Chinese electric vehicles will disrupt the stability of the global automotive industry chain and supply chain, including the EU, damage the interests of EU consumers, and undermine the overall situation of the EU's own green transformation and global cooperation in responding to climate change.
The final ruling disclosure announced by the EU this time did not fully absorb the opinions of the Chinese side, still adhered to the wrong practices, and determined a high tax rate. It also used sampling to treat different types of Chinese enterprises differently and distorted the investigation results. This final ruling disclosure is based on the facts unilaterally determined by the EU, not the facts mutually recognized by both sides. The Chinese side firmly opposes and is highly concerned about this.
Since the end of June, China and the EU have carried out more than ten rounds of technical consultations based on facts and rules regarding this case. The Chinese side has always been committed to properly handling trade disputes with the EU through dialogue and consultation with the greatest sincerity, hoping that the EU will truly act in the same direction as the Chinese side, and accelerate the exploration of proper solutions with a rational and practical attitude, and take practical actions to avoid the escalation of trade frictions. The Chinese side will take all necessary measures to firmly defend the legitimate rights and interests of Chinese enterprises.