Subsidies not reason for Chinese EVs competitive advantage: minister

sport2024-05-21 09:29:2966
PARIS, April 8 (Xinhua) -- 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 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.  

(Editor:Liao Yifan)

Address of this article:http://brunei.chongwenmenhotelbeijing.com/content-1e899967.html

Popular

Mystery artist who erected signs comparing pothole

Russia launches drones as Ukraine marks third Easter at war

Zibanejad has 2 goals and 1 assist, Panarin scores as Rangers beat Hurricanes 4

Police quiz six ex

Revealed: Brit tourist, 19, subjected to sex attack in Majorca 'was gang

A truck driver is accused of killing a Utah police officer by driving into him

Trump says Biden is running a 'Gestapo' administration

Atlanta police hoist six illegal squatters from $500,000 home after stealing neighbor's car

LINKS