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China appeals to WTO over EU's final ruling of countervailing measures on Chinese EVs: commerce ministry

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China appeals to WTO over EU's final ruling of countervailing measures on Chinese EVs: commerce ministry

2024-11-04 20:56 Last Updated At:21:07

China on Monday appealed to the World Trade Organization (WTO) against the European Union's final ruling of countervailing measures on Chinese electric vehicles (EVs), according to China’s commerce ministry.

China has previously brought the EU's initial anti-subsidy measures on EVs to the WTO.

China regrets to see that despite a barrage of objections raised by relevant parties, including the governments of EU member states, the industry and the public, the EU has still issued final measures of imposing high countervailing duties on Chinese-made EVs, said a spokesperson of the ministry, adding that China firmly opposes this.

To safeguard the development interests of the EV industry and global cooperation on green transformation, China decided to make the appeal to the WTO dispute settlement mechanism, according to the spokesperson.

The EU's final countervailing measures lack factual and legal basis and violate WTO rules, which is an abuse of trade remedy measures and is a practice of trade protectionism in the name of countervailing, the spokesperson said.

China urges the EU to face up to its mistakes and immediately correct its illegal practices, to jointly safeguard the stability of the global EV industrial and supply chains, as well as the overall economic and trade cooperation between the two sides, according to the spokesperson.

The European Commission, the executive arm of the 27-nation EU, announced on October 29 that it had concluded its anti-subsidy investigation and decided to impose a definitive countervailing duty on imports of new battery EVs from China for a period of five years.

The sampled Chinese companies will be subjected to different countervailing duties, specifically, 17.0 percent on BYD, 18.8 percent on Geely, and 35.3 percent on SAIC.

China appeals to WTO over EU's final ruling of countervailing measures on Chinese EVs: commerce ministry

China appeals to WTO over EU's final ruling of countervailing measures on Chinese EVs: commerce ministry

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China-aided water supply project in Angola completed

2024-11-05 02:52 Last Updated At:07:17

A Chinese-built water supply project was officially handed over to the Angolan government in Cabinda Province on Monday and is predicted to benefit more than 600,000 people in the country.

Built by China Railway 20th Bureau Group Corporation Limited (CR20) since 2017, the Cabinda water supply project is the largest livelihood project invested by Angola in the province and represents the most advanced, intelligent, and modern water supply system in the country.

For many years, residents of Cabinda Province suffered from water shortage due to a lack of infrastructure, with most of them relying on water delivery trucks for daily usage.

Now, the project is expected to help solve the local water shortage problem and allowed many villagers to directly access tap water for the first time, said Yuan Xuefeng, the operation and maintenance manager of Cabinda water supply project.

"After being approved and delivered, the project can benefit 90 percent of the residential areas in Cabinda Province and meet the water needs of 600,000 people, greatly improving local residents' plight of water scarcity and poor water quality," explained Yuan.

The water supply project is comprised of 74 centralized points, with the capacity to supply 50,000 cubic meters of water per day. Throughout its construction period, over 1,000 employment opportunities were generated by the construction company for individuals in Cabinda Province.

China-aided water supply project in Angola completed

China-aided water supply project in Angola completed

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