China has always held the view that specific economic and trade issues should be resolved through consultations and dialogue, Mao Ning stressed. Beijing will take the necessary measures to effectively protect its legitimate rights and interests, she added.
Wang Wen, Executive Dean of the Chongyang Institute of Financial Studies at the People's University of China, in turn, called the introduction of temporary countervailing duties by the EU on imports of Chinese electric vehicles a mistaken step that contradicts market planning.
Such behavior goes against the relevant Chinese-European trade agreements and bilateral principles, the scientist said. He also noted that China is not afraid of such actions and will continue to prove that the production of electric vehicles in the country is not developing at the expense of subsidies.
