CCCEU Statement on EU Member States Voted in Favour of Anti-Subsidy Tariffs on Chinese EVs
October 4, 2024, Brussels
The China Chamber of Commerce to the EU (CCCEU) noted that on October 4, 2024, EU member states voted on the definitive measures of the anti-subsidy investigation against Chinese electric vehicles (EVs). With 12 member states abstaining, 5 opposing, and 10 in favor, the European Commission is now authorized to impose steep anti-subsidy duties on EVs imported from China for five years. The CCCEU expresses deep disappointment with this voting outcome and is strongly dissatisfied with the EU's adoption of protectionist trade measures.
In parallel, the Chamber observed that negotiation teams from China and the EU remain actively engaged in discussions, striving to find viable solutions. Therefore, we strongly encourage the EU to approach the final measures with caution, delay the implementation of these tariffs, and prioritize resolving disputes and trade tensions through consultations and dialogue.
The Chamber reiterates that the EU's anti-subsidy investigation into Chinese electric vehicles is a politically motivated and unjustified protectionist measure. China's competitive advantage in EVs is not due to subsidies but rather to a robust supply chain, developed through intense market competition. Imposing high anti-subsidy duties will not only harm Chinese enterprises but also disrupt the operations of European and global companies manufacturing EVs in China.
Such tariffs will not strengthen the resilience of local industries in Europe or other markets; instead, they risk deterring Chinese investments, undermining the competitiveness of the European market, and diminishing the vitality of the global EV supply chain.
The CCCEU will closely monitor the ongoing negotiations and hopes that the EU will advocate for multilateralism and free trade within the green economy. We look forward to China and the EU reaching a constructive solution through dialogue and consultations at the earliest opportunity.
简介
欧盟中国商会由中国银行（欧洲）有限公司、中国三峡（欧洲）有限公司和中远海运（欧洲）有限公司发起，于2018年8月31日在布鲁塞尔注册，目前会员单位超100家，代表1000多家在欧中资企业，覆盖主要欧盟成员国。商会位于布鲁塞尔，毗邻欧洲理事会和欧盟委员会等机构，代表中资企业利益，肩负“商通中欧、共创繁荣”的共同使命。
