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Belgian consumers oppose EU's anti-subsidy probe into Chinese EVs

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Belgian consumers oppose EU's anti-subsidy probe into Chinese EVs

2024-09-20 17:45 Last Updated At:20:27

Consumers in Brussels, the capital of Belgium and headquarters of the European Union (EU), are raising concerns over the EU's anti-subsidy probe into Chinese electric vehicles (EV), saying that additional tariffs could push up their financial burden and restrict their freedom of choice.

The EU's investigation into Chinese EVs is nearing its one-year mark since its launch last October, with the bloc's 27 member states poised to cast their final votes on the matter.

As the impending decision draws near, some car owners in Brussels have conveyed their worries that the proposed final duties on Chinese EVs could infringe upon consumers' rights to make choices.

"The Chinese electric vehicles, from my experience, have achieved very high, even the highest levels of comfort and quality and driving experience as well," said a resident named Bokri.

He said that China's predominance in the electric vehicle market is not primarily driven by subsidies, a practice that is widespread globally. Instead, he stressed the competitive edge of Chinese automakers in terms of production capacity, cost efficiency, and performance innovation.

Another European resident also voiced opposition to the EU's potential tariffs, emphasizing the importance of competition and a level playing field in the EV sector.

"I'd like to bring an electric car from China, the U.S., Europe, all around the world, because there will be competition. And for me, I think that's fine if the electric cars from China come in. I think the European Union should also see the same when they are trading with the U.S. They have to trade with China the same because finally this is a benefit for the world, for the weather [climate], for us, for the people. It's not about one country, one nation," said a resident named Hassan.

In light of mounting opposition from consumers, the EU faces a crucial decision that could shape the future of its electric vehicle market.

On July 4, the European Commission introduced provisional additional tariffs of up to 37.6 percent on Chinese EV makers, with a four-month window.

The tariffs, widely criticized as protectionist, have prompted objections from China and sparked widespread concerns over rising costs for consumers in the EU and global efforts towards green transitions.

Belgian consumers oppose EU's anti-subsidy probe into Chinese EVs

Belgian consumers oppose EU's anti-subsidy probe into Chinese EVs

Chinese Premier Li Qiang on Thursday presided over a State Council executive meeting that studied work on building a unified national market and reviewed and approved a plan for the development of a modern emergency response system during the 15th Five-Year Plan period (2026-2030).

Noting that building a unified national market is essential to advancing high-quality development, the meeting called for deepening institutional frameworks in areas such as property rights protection, market access, fair competition, social credit and market exit mechanisms.

The meeting also urged efforts to advance high-standard connectivity of market infrastructure to facilitate smooth economic circulation and effectively reduce logistics costs across society.

Emergency management is critical to protecting people's lives and property, the meeting said. It called for accelerating the development of a modern emergency response system, deepening reform and innovation in emergency management, and improving coordinated response mechanisms.

Efforts should be made to strengthen risk prevention at the source, enhance monitoring, forecasting and early warning, and accelerate a shift in governance toward proactive prevention, according to the meeting.

A draft revision of the Law on the People's Bank of China was also discussed and approved in principle at the meeting, which decided to submit the draft to the Standing Committee of the National People's Congress for deliberation.

Chinese premier chairs State Council executive meeting

Chinese premier chairs State Council executive meeting

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