(31 Oct 2024)
RESTRICTION SUMMARY:
ASSOCIATED PRESS
ARCHIVE: Paris, France – 18 October 2022
1. Wide of BYD stand at Paris motor show
2. Various of BYD Atto 3 with visitors trying it out
ASSOCIATED PRESS
Beijing, China – 31 October 2024
3. Wide of news conference
4. Mid of reporters
5. SOUNDBITE(Mandarin) He Yadong, Spokesperson, Ministry of Commerce
“We have noticed some adjustments have been made in the tax rate level in the arbitration from the initial ruling in July. However, the EU has not fundamentally changed its erroneous approach. The result does not comply with WTO rules and does not address the core concerns of the relevant industries in China and the EU. China does not agree or accept this.”
6. Mid of He speaking
7. Close of reporters
ASSOCIATED PRESS
ARCHIVE: Munich, Germany – 5 September 2023
8. Various of MG Cyberster at Munich motor show
ASSOCIATED PRESS
Beijing, China – 31 October 2024
9. SOUNDBITE(Mandarin) He Yadong, Spokesperson, Ministry of Commerce
“China has always supported and encouraged the normal trade and investment cooperation between China and Europe in the automotive industry, which is mutually beneficial and win-win. We always uphold an open and cooperative attitude, adhere to market orientation, and rely on full competition to carry out cooperation in the electric vehicle industry with relevant countries through various means such as trade, investment, and technology, jointly maintaining the stability of the global automotive industry chain and supply chain.”
10. Close of reporters
11. Wide of press conference
STORYLINE:
China’s ministry of commerce said Thursday the final ruling of the Europe Union on increasing customs duty on Chinese electric vehicles “does not comply with WTO rules and does not address the core concerns of the relevant industries in China and the EU”.
“China does not agree or accept this,” said He Yadong, spokesperson of the ministry, at a regular press briefing.
The European Commission, the EU’s executive arm, conducted an eight-month investigation and concluded that companies making electric cars in China benefit from massive government help that enables them to undercut rivals in the EU on price, take a large market share and threaten European jobs.
The duties differ depending on the maker: 17% for BYD, 18.8% for Geely and 35.3% for state-owned SAIC, which are a bit lower than the provisional duties announced in July.
“We have noticed some adjustments have been made in the tax rate level in the arbitration from the initial ruling in July,” said He Yadong. “However, the EU has not fundamentally changed its erroneous approach.”
In response to the report that the government has told Chinese enterprises to stop investing in EU countries, He Yadong said China has supported and encouraged “normal cooperation” between Chinese and European auto industries, and will continue to do so.
AP video shot by Wayne Zhang
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