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    News: 2024.03.22

    EU implements customs registration of Chinese electric vehicles, Beijing counters protectionism

    The EU recently implemented customs registration of electric vehicles imported from China, which may lead to retroactive taxation as a result of countervailing investigations in the future. This move attracted the attention of the Ministry of Foreign Affairs, which pointed out that economic globalization is an irreversible trend and protectionism is absolutely undesirable.

    The trade relationship between China and the EU has always been important, and both sides should abide by international trade rules and promote cooperation and development. Protectionism will only lead to an increase in trade barriers, ultimately harming the interests of both parties.

    Development of China’s electric vehicle industry

    China's electric vehicle industry has been developing rapidly and has become one of the largest electric vehicle markets in the world. The Chinese government has been promoting the development of electric vehicles and has formulated a series of supporting policies, including subsidies and emission reductions.

    EU concerns

    The EU's customs registration of Chinese electric vehicles may be due to concerns about China's subsidy policies, and they want to ensure a level playing field. This also reflects the changes in the international trade environment, with all countries trying to safeguard their own interests.

    future outlook

    The trade friction between China and the EU may continue for some time, and both sides should resolve the problem through dialogue and cooperation. Protectionism is not a solution to the problem. Long-term and stable development can only be achieved through cooperation and win-win results.