Current location:Culture Circuit news portal > politics
NEV makers encouraged to speed up overseas development
Culture Circuit news portal2024-05-21 22:06:02【politics】7People have gathered around
IntroductionNEV: Chinese market seen as offering great opportunitiesChina will step up efforts to encourage its
NEV: Chinese market seen as offering great opportunities
China will step up efforts to encourage its new energy vehicle companies to accelerate their overseas development, said an official at the Ministry of Industry and Information Technology, warning that the restrictive measures imposed by a "certain country and region" on Chinese electric vehicles will only undermine the interests of global consumers.
The official made the remarks during an exclusive interview with China Daily after the United States announced that it would investigate Chinese-made electric cars. Last month, the European Commission started customs registration of Chinese EV imports as part of its broad probe into whether Chinese EV companies are receiving unfair subsidies.
These measures against Chinese EVs were implemented without sufficient evidence. Such practices are not only in contravention of World Trade Organization rules, they also disrupt the global automotive supply chain, the official said.
"The automotive sector is a typical globalized industry, and its healthy development cannot be separated from the division of labor and cooperation in the global industrial chain," the official said.
According to the ministry, China has in recent years cultivated the largest consumer base for new energy vehicles. "China has also supplied the international community with cost-effective, diverse and reliable NEV raw materials and components, injecting strong impetus into the development of the global NEV industry," the official said.
China has been the world's largest NEV market for nine consecutive years. Data from the Ministry of Public Security shows that by 2023, the number of NEVs in use in the country reached 20.41 million, accounting for about 6 percent of all cars in use. This has offered both Chinese and foreign automobile companies abundant business opportunities, experts said.
Tao Lin, vice-president of Tesla, said the US electric vehicle maker's rapid growth in China over the past decade cannot be separated from the country's policy support and favorable business environment.
With unmatched advantages and vast prospects compared with other global markets, China is a "must-have" market for the US company, she added.
In sharp contrast to China's openness toward foreign EV companies, some countries and regions have adopted a hostile attitude toward Chinese NEV makers, accusing them of relying on unfair subsidies without verifiable evidence, experts said.
Wei Jianguo, former vice-minister of commerce, said that such accusations are groundless. The rapid development of Chinese EV companies is built on continuous technological innovation, a well-established supply chain and market competition, he added.
Ding Yuqian, head of China Autos Research at HSBC Qianhai Securities Ltd, said that China has the world's most competitive EV battery supply chain.
Noting that the most expensive single element of an EV is its battery, she said that carmakers in China have access to high-quality batteries produced at a relative cost advantage, with manufacturers continuously improving the technology.
The official from the Ministry of Industry and Information Technology said the ministry will strengthen high-level, open cooperation in the NEV sector with other countries to ensure China's technological innovation benefits people worldwide.
The ministry will enhance policy guidance and support for enterprises to accelerate their overseas development tailored to local conditions, and help optimize the international logistics system to strengthen services such as railway and maritime transportation, the official said.
It will also ratchet up efforts to align domestic and foreign standards and regulations in NEVs, and promote the establishment of mutually recognized carbon emission and footprint accounting rules to create a more favorable business environment for all NEV makers, the official added.
Address of this article:http://britishindianoceanterritory.ekjotinstitute.com/html-6b799966.html
Very good!(349)
Related articles
- New York Liberty improve to 4
- Inside the WILD real
- Tomas Totland scores first MLS goal in stoppage time, St. Louis plays Sporting KC to 3
- Whitecaps take advantage of two Seattle red cards to beat Sounders 2
- Iran helicopter crash: President Raisi, the supreme leader's protege, dies at 63
- Stephenson hits 1st career grand slam, Fairchild drives in 2 as the Reds beat the Angels 7
- Review: Taylor Swift's 'The Tortured Poets Department' is great meditative theater
- Simon Cowell reveals why he wears red
- Sienna Miller's lookalike daughter Marlowe, 11, makes her first ever red carpet appearance
- Spring outing popular among Chinese people: survey
Popular articles
Recommended
A warrant for Netanyahu’s arrest was requested. But no decision was made about whether to issue it
Kyle Walker slams ex
Super Rugby: playoffs picture clears but system raises questions
Crawford works 6 solid innings and the Red Sox deal the struggling Pirates a 5th straight loss
Tom Brady and Jay
Marte's 3
New York lawmakers pass $237 billion budget addressing housing construction and migrants
Rookie Jesse Love claims 1st NASCAR Xfinity Series win in another wild Talladega finish
Links
- US court rejects a request by tribes to block $10B energy transmission project in Arizona
- Ariana Grande's 98
- Watch What Happens Live: Kristen Doute says The Valley co
- German police target China
- Rita Ora covers her face with a $28,000 handbag as she arrives at Sydney Airport
- Ryan Garcia accuses Devin Haney of committing a 'hate crime' after he shoved troubled boxer
- India elections 2024: Colorful roadshows, rallies mark start of poll season
- German police target China
- Taylor Swift fans are scammed out of more than £1 million by ticket fraudsters
- Paul McCartney's psychedelic Wings 1972 double