Wang Wentao, Minister of Commerce of China, said here Sunday that Chinese electric vehicle (EV) manufacturers' rapid development is a result of constant tech innovations, well-established supply chain system and full market competition, not subsidies.
The accusations of "overcapacity" by the United States and Europe are groundless, he said.
Noting that the development of China's EV industry has made an important contribution to the global response to climate change as well as green and low-carbon transformation, Wang said the Chinese government will actively support enterprises in safeguarding their legitimate rights and interests.
In the face of external challenges and uncertainties, Wang said enterprises should enhance their internal capabilities, adhere to innovation, strengthen risk management and attach importance to green development.
Chinese enterprises, he said, should also deepen cooperation with local enterprises, seek common development, and act as firm participants and contributors in global green transformation.
Representatives from China Chamber of Commerce to the EU and more than 10 enterprises including Geely, SAIC, BYD and CATL attended the meeting, which focused on optimizing the global layout of Chinese enterprises and deepening the pragmatic cooperation between China and Europe in the EV industry.
During the meeting, participants expounded on their investment and operation in Europe, and their response to EU's anti-subsidy investigation.
They pledged to continue to promote scientific and technological innovation, uphold openness and cooperation, practice fair competition, actively respond to trade frictions, and achieve mutual benefit and win-win results through pragmatic cooperation with European partners.
- Chinese EVs' competitive advantage by no means depends on subsidies: minister
- Foreigners' tours in China to be more convenient: minister
- Chinese foreign minister meets press on foreign policy, relations
- Xi meets Antigua and Barbuda's prime minister
- President or minister could participate in election campaign, says Indonesian president
- Xi meets Belgian prime minister
Popular Videos
Hot comments
- China Life: Chinese women shine with She Power
- First apes at U.S. zoo receive COVID-19 vaccine made for animals, zoo official says
- Homemade curling videos trending in China
- Chinese F1 driver Zhou Guanyu says halo device saved his life after scary crash
- 86-year-old grandma in Hebei spends most her life on traditional cheongsam
- 16-year-old Chinese girl reaches summit of Mt. Qomolangma
- Asia is young!
- 6-year-old Chinese boy becomes youngest Rubik's Cube player for A-level
- Lantern Festival: A romantic celebration in China
- Nanning handles 60,000+ tons of aviation cargo in 2022
Top Reviews
- Chinese EVs' competitive advantage by no means depends on subsidies: minister
- Visa-friendly countries witness surge of holiday travelers from China
- Surging popularity of Chinese books at Bangkok Int'l Book Fair
- Modern agricultural technologies aid spring farming in Guangxi
- Shaanxi visit inspires Taiwan youth delegation
- China sees nearly 119 mln domestic tourist trips during Qingming holiday
- China's central bank unveils relending facility for sci-tech innovation
- China handles nearly 5.19 mln entry-exit trips during Qingming holiday
- Land-sea corridor facilitates fruit trade between China, ASEAN
- Cambodia records 3 more cases of monkeypox