Global EditionASIA 中文双语Français
Business
Home / Business / Macro

China expresses concern over US' discriminatory EV subsidy provisions

By Liu Zhihua | chinadaily.com.cn | Updated: 2022-09-22 17:36
Share
Share - WeChat
A view of Tesla Inc's US vehicle factory in Fremont, California, US, March 18, 2020. [Photo/Agencies]

China is concerned about the discriminatory electric vehicle subsidy provisions in the US Inflation Reduction Act, according to the Ministry of Commerce on Thursday.

Those provisions allow subsidies on pre-conditions such as localized assembly of whole vehicles in North America, which forms discrimination against relevant imported products, Shu Jueting, spokeswomen of the Ministry of Commerce, said at a media conference.

These provisions are suspected of violating the principles of the World Trade Organization such as most-favored-nation treatment and national treatment, she added.

As a member of the WTO, the United States should implement relevant investment policies under WTO rules and maintain a fair-competition-based trade order, she said, adding China will follow and evaluate the follow-up implementation of the US' act, and will take measures to safeguard its legitimate rights and interests if necessary.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE