Subsidies not reason for Chinese EVs competitive advantage: minister

entertainment2024-05-21 17:17:29542
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://caymanislands.boluescortbayan.net/content-1a499967.html

Popular

Rangers are undefeated at .500 to keep World Series champs from a losing record with Bochy

Chrissy Teigen and John Legend have funny run

Interest rates and RRR may see cuts

China to cut individual housing provident fund loan rates by 0.25 percentage points

Verona confirms Serie A status for another year after beating Salernitana

Taking presidential debates out of commission's hands virtually guarantees fewer viewers

2 shot dead on outskirts of Paris

Ryan Gosling's new movie pays tribute to Chinese kung fu legends

LINKS