China disapproves of and rejects the results of the European Union's anti-subsidy investigation on Chinese electric vehicles (EVs), and has filed a lawsuit under the WTO dispute settlement mechanism, said the Ministry of Commerce on Wednesday.
The European Commission, the executive arm of the 27-nation EU, announced on Tuesday that it had concluded its anti-subsidy investigation and decided to impose a definitive countervailing duty on imports of new battery EVs imported from China for a period of five years.
The sampled Chinese companies will be subject to different countervailing duties, specifically, 17.0 percent on BYD, 18.8 percent on Geely, and 35.3 percent on SAIC.
After filing an individual review request, Tesla will be subject to a 7.8-percent tariff.
A spokesperson for the Ministry of Commerce stated on Wednesday that China disapproves of and rejects the EU move.
China has repeatedly pointed out that the EU's anti-subsidy investigation on Chinese EVs are full of unreasonable and non-compliant spots, and is a protectionist practice in the name of "fair competition." China disapproves and rejects its ruling and has filed a lawsuit under the WTO dispute settlement mechanism. China will continue to take all necessary measures to resolutely safeguard the legitimate rights and interests of Chinese companies, said the spokesman.
The spokesman also noted that the EU has agreed to continue to negotiate with China on price commitments. He said China has always stood for settling trade disputes through dialog and consultation, and has been making its best efforts to this end. At present, the technical teams of both sides are in a new phase of consultations.
The spokesman expressed the hope that the EU will work with China in a constructive approach, follow the principle of pragmatism and balance, and take care of each other's core concerns to reach a solution acceptable to both sides as soon as possible, so as to steer away from escalating trade frictions.
China files lawsuit against EU tariffs on Chinese EVs
China files lawsuit against EU tariffs on Chinese EVs
