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China appeals to WTO over EU's final ruling of countervailing measures on Chinese EVs: commerce ministry

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China appeals to WTO over EU's final ruling of countervailing measures on Chinese EVs: commerce ministry

2024-11-04 20:56 Last Updated At:11-05 14:57

China on Monday appealed to the World Trade Organization (WTO) against the European Union's final ruling of countervailing measures on Chinese electric vehicles (EVs), according to China’s commerce ministry.

China has previously brought the EU's initial anti-subsidy measures on EVs to the WTO.

China regrets to see that despite a barrage of objections raised by relevant parties, including the governments of EU member states, the industry and the public, the EU has still issued final measures of imposing high countervailing duties on Chinese-made EVs, said a spokesperson of the ministry, adding that China firmly opposes this.

To safeguard the development interests of the EV industry and global cooperation on green transformation, China decided to make the appeal to the WTO dispute settlement mechanism, according to the spokesperson.

The EU's final countervailing measures lack factual and legal basis and violate WTO rules, which is an abuse of trade remedy measures and is a practice of trade protectionism in the name of countervailing, the spokesperson said.

China urges the EU to face up to its mistakes and immediately correct its illegal practices, to jointly safeguard the stability of the global EV industrial and supply chains, as well as the overall economic and trade cooperation between the two sides, according to the spokesperson.

The European Commission, the executive arm of the 27-nation EU, announced on October 29 that it had concluded its anti-subsidy investigation and decided to impose a definitive countervailing duty on imports of new battery EVs from China for a period of five years.

The sampled Chinese companies will be subjected to different countervailing duties, specifically, 17.0 percent on BYD, 18.8 percent on Geely, and 35.3 percent on SAIC.

China appeals to WTO over EU's final ruling of countervailing measures on Chinese EVs: commerce ministry

China appeals to WTO over EU's final ruling of countervailing measures on Chinese EVs: commerce ministry

China appeals to WTO over EU's final ruling of countervailing measures on Chinese EVs: commerce ministry

China appeals to WTO over EU's final ruling of countervailing measures on Chinese EVs: commerce ministry

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Xiamen-Kinmen Bridge enters marine construction stage

2024-12-03 20:39 Last Updated At:21:17

The Xiamen-Kinmen Bridge (Xiamen section) entered a new phase of marine construction on Monday morning, marked by the completion of the east tower's piling work of the Liuwudian Channel Bridge, a pivotal component of the project, in Xiamen of Fujian Province in east China.

The Xiamen-Kinmen Bridge (Xiamen section) spans 17.34 km and is designed to link the Xiamen island with the Xiamen Xiang'an International Airport that is currently under construction. The Liuwudian Channel Bridge is the province's first offshore suspension bridge and largest span bridge with a total length of 1,948 meters and a main span of 928 meters in length.

The pile foundation of the east bridge tower was completed on Monday after four months of work, while that of the west one is expected to finish at the end of this month.

Confronted with complex geological conditions and the challenge of transporting materials to the offshore construction site, the team newly built a large-scale mixing station and employed six rotary drilling rigs which operated around the clock.

With a total investment of 37.27 billion yuan (about 5.12 billion U.S. dollars), the Xiamen-Kinmen Bridge (Xiamen section) will become the most efficient connection between the Xiamen island and the Xiang'an Airport. Once completed, it will ease traffic congestion and greatly enhance transport efficiency in the region.

The Xiamen-Kinmen Bridge (Xiamen section) started construction in October 2023, and is expected to be completed simultaneously with the Xiang'an Airport Expressway in 2026.

Kinmen is an important hub for interaction across the Taiwan Strait. Growing trade and commercial links between Kinmen and Xiamen have made the building of the bridge a common desire of many people in the region.

Xiamen-Kinmen Bridge enters marine construction stage

Xiamen-Kinmen Bridge enters marine construction stage

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