Minister of Commerce Wang Wentao hosted a roundtable meeting of Chinese electric vehicle companies in Europe in Paris, France. Representatives from the China Chamber of Commerce in the European Union and more than ten companies including Geely, SAIC, BYD, and CATL attended the meeting. Representatives at the meeting introduced the situation of investing and operating in Europe and responding to the EU’s anti-subsidy investigation of electric vehicles. The meeting focused on optimizing the global layout of Chinese enterprises and deepening practical cooperation in the electric vehicle industry between China and Europe.
Wang Wentao said that Chinese electric vehicle companies rely on continuous technological innovation, a complete production and supply chain system and sufficient market competition to develop rapidly, rather than relying on subsidies to obtain competitive advantages. The accusations of “overcapacity” by the United States and Europe are groundless. The development of China’s electric vehicle industry has made important contributions to the global response to climate change and green and low-carbon transformation. The Chinese government will actively support enterprises in safeguarding their legitimate rights and interests.
“Geely Radar Export Ceremony”
Wang Wentao pointed out that in the face of external challenges and uncertainties, enterprises must improve their internal strength, adhere to innovation-driven development, strengthen risk management, pay attention to green development, deepen cooperation with local enterprises, seek common development, and firmly be participants and contributors to the global green transformation. By. Representatives attending the meeting expressed their gratitude to the Ministry of Commerce for its strong support for enterprise development and overseas expansion. They will continue to promote technological innovation, adhere to open cooperation, practice fair competition, actively respond to trade frictions, and achieve mutual benefit and win-win results through pragmatic cooperation with European partners.
