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Chinese vice premier calls for more dialogue, cooperation with France

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China

Chinese vice premier calls for more dialogue, cooperation with France

2024-12-15 01:05 Last Updated At:02:17

China sees France as a key partner and is committed to strengthening dialogue and cooperation in various fields with France, Vice Premier He Lifeng said during his meeting with Emmanuel Bonne, diplomatic adviser to the French President, in Beijing on Friday.

He, also a member of the Political Bureau of the Communist Party of China Central Committee, noted that China has always regarded France as a priority partner on its development path.

China is ready to work with France to deliver on the common understandings between the two heads of state, strengthen strategic dialogue, deepen cooperation in traditional areas, expand cooperation in emerging areas, and promote the steady and sound development of China-France and China-EU economic and trade relations through high-level opening up, He said.

Bonne said France supports the promotion of opening up and cooperation through constructive dialogue and is willing to work with China to advance the sustained, balanced and high-quality development of bilateral economic and trade cooperation.

Chinese vice premier calls for more dialogue, cooperation with France

Chinese vice premier calls for more dialogue, cooperation with France

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Chinese think tank criticizes EU's double standards on electric vehicles

2024-12-14 22:09 Last Updated At:22:37

EU is employing double standards in its electric vehicle (EV) policies, unfairly targeting Chinese EV imports with tariffs and subsidies, according to experts at the 17th Forum on WTO Laws and China opened in Guangzhou City of south China's Guangdong Province on Saturday.

One of the highlights was the release of a blue book titled "The EU's Industrial Subsidy Policy for Lithium Batteries, PV Products and Electric Vehicles in the Name of Green Transition", which claims that while continuing to impose anti-subsidy tariffs on imported Chinese electric cars, the EU is subsidizing domestic EVs, lithium batteries and photovoltaic products.

Shi Xiaoli, the book's lead researcher, claimed that while the EU restricts state aid that might cause market distortions, numerous exemptions still exist, which ultimately allows subsidies across these three sectors.

"For example, one of the exemptions is that even if a subsidy in a certain country distorts the EU market, even significantly, if it still aligns with the EU's long-term common interests, it can remain. The scope of European common interest projects is continuously expanding, and it includes these three industries," said Shi Xiaoli, Director, WTO Law Research Center.

The book reveals that EU member states heavily subsidize electric vehicles, with substantial support covering the entire industrial chain.

At the same time, the EU has recently introduced new tariffs of up to 35 percent on imported Chinese EVs. That's in addition to the existing 10 percent duty, which some experts deemed as counterproductive.

"We believe this policy is discriminatory. The EU acknowledges that Chinese electric vehicles have caused no harm to its EV sector. The EU's trade protectionist measures are in fact more detrimental to itself. While it may protect its market in the short term, once these measures are lifted, its technology and other aspects may fall even further behind," said Sun Xiaohong, secretary-general of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME).

A lawyer at the event argued that the EU's actions are not typical trade measures, but an attempt to curb China's EV sector growth.

"Subsidies for emerging industries exist in every country, including the United States and the European Union. Also, this time the European Commission initiated the case on its own authority, marking the first use of a special legal rule in the anti-subsidy investigation against Chinese export enterprises," said Pu Lingchen, Partner, Chance Bridge Law Firm.

The EU has given itself quite the ambitious goal - starting in 2035 all new cars sold will be emissions free.

Those involved in crafting of the blue book believed that EVs will be crucial in achieving this target. But they have also said that if Chinese imported EVs come with a higher price tag, then the EU's ambitious plan will certainly face difficulties.

Chinese think tank criticizes EU's double standards on electric vehicles

Chinese think tank criticizes EU's double standards on electric vehicles

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