Advocating for Transparency Amidst EU Investigations
Amidst the European Union’s (EU) probe into Chinese battery-fueled electric vehicles (EVs), the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME) has voiced concerns over the need for objectivity and fairness. The ongoing investigation, initiated by the European Commission, aims to assess potential subsidies and their impact on EU manufacturers, prompting calls for transparency and impartiality in the process.
Challenges and Concerns
Shi Yonghong, Vice President of CCCME, highlighted apprehensions regarding bias in the Commission’s investigations. He emphasized the importance of objective findings and expressed worries about the potential distortion of results, urging the EU to uphold fairness and avoid protectionist measures.
Questioning Sample Selection and Transparency
The selection of Chinese EV producers for investigation raised eyebrows within the industry, with CCCME questioning the rationale behind singling out certain manufacturers while overlooking subsidies in other regions. Concerns were raised regarding the transparency of the process, with CCCME citing discrepancies in data evaluation and the lack of feedback from the Commission.
Navigating Uncharted Waters
Despite attempts to engage with the European Commission and address grievances, Chinese industry representatives expressed frustration over the lack of dialogue and engagement. Zhou Qi, Chief Legal Counsel for SAIC Motor, underscored the importance of equitable treatment, emphasizing the need for a level playing field in global trade.
Promoting Fair Competition
While acknowledging the importance of competition, Chinese industry stakeholders reiterated the need for fairness and transparency in trade practices. Emphasizing the distinct market segments occupied by Chinese and EU brands, concerns were raised over the equitable evaluation of industry practices and the impact on global trade dynamics.
As the EU’s investigation into Chinese EVs unfolds, stakeholders on both sides emphasize the importance of fair and transparent assessments. With calls for dialogue and cooperation, the path forward hinges on fostering mutual understanding and upholding principles of fairness in international trade relations.
Source:china.org.cn