On September 30, the China Association of Automobile Manufacturers issued an article stating that recently, there are media reports that Germany and France are preparing joint documents calling on the European Commission to develop a unilateral trade tool similar to the US “301 investigation.” If this tool is introduced, it will have an important impact on China's automobile, battery and other industries. Our association has paid close attention to this and now solemnly affirms our position as follows. The automobile industry is one of the most representative and dynamic fields of Sino-European economic and trade cooperation. Over the years, European vehicle and parts companies have relied on China's rich human resources, perfect industrial facilities and broad market space to achieve good business performance and rich return on investment, and the Chinese market has become the world's largest single market for many European automobile groups. At the same time, in cooperation and competition with European brands, Chinese automobile companies have withstood the experience of high-pressure environments, continuously accumulated technology, management and market experience, and gradually enhanced their competitiveness and international operation capabilities, and promoted the continuous expansion of Sino-European automobile industry cooperation to a higher level and deeper level. Currently, the global automobile industry is undergoing profound changes in electrification, intelligence, and connectivity, which not only brings great opportunities, but also the pain of transformation. China and Europe each have strengths in the automotive sector: Europe has a rich heritage in vehicle R&D, chassis tuning, brand accumulation, safety standards, etc., and China has obvious advantages in new energy vehicles, power batteries, smart cockpits, and supply chain efficiency. By complementing their strengths, the two sides can tap the potential for cooperation in green transformation, technological innovation, market development, etc., and jointly promote the sustainable and healthy development of the global automobile industry. The tools mentioned in the report are viewed by the Chinese side as typical protectionist and unilateralist measures. Not only will such measures not help resolve the transformation challenges faced by the European automobile industry itself, but they will also affect Sino-European economic and trade relations and disrupt the stability of the global automobile industry chain supply chain. If the EU persists in promoting relevant measures, the China Association of Automobile Manufacturers will firmly support the Chinese government in taking necessary countermeasures to protect the legitimate rights and interests of the Chinese automobile industry and maintain a fair, just and non-discriminatory international economic and trade environment.

On September 30, the China Association of Automobile Manufacturers issued an article stating that recently, there are media reports that Germany and France are preparing joint documents calling on the European Commission to develop a unilateral trade tool similar to the US “301 investigation.” If this tool is introduced, it will have an important impact on China's automobile, battery and other industries. Our association has paid close attention to this and now solemnly affirms our position as follows. The automobile industry is one of the most representative and dynamic fields of Sino-European economic and trade cooperation. Over the years, European vehicle and parts companies have relied on China's rich human resources, perfect industrial facilities and broad market space to achieve good business performance and rich return on investment, and the Chinese market has become the world's largest single market for many European automobile groups. At the same time, in cooperation and competition with European brands, Chinese automobile companies have withstood the experience of high-pressure environments, continuously accumulated technology, management and market experience, and gradually enhanced their competitiveness and international operation capabilities, and promoted the continuous expansion of Sino-European automobile industry cooperation to a higher level and deeper level. Currently, the global automobile industry is undergoing profound changes in electrification, intelligence, and connectivity, which not only brings great opportunities, but also the pain of transformation. China and Europe each have strengths in the automotive sector: Europe has a rich heritage in vehicle research and development, chassis tuning, brand accumulation, safety standards, etc., and China has obvious advantages in new energy vehicles, power batteries, smart cockpits, and supply chain efficiency. By complementing their strengths, the two sides can tap the potential for cooperation in green transformation, technological innovation, market development, etc., and jointly promote the sustainable and healthy development of the global automobile industry. The tools mentioned in the report are viewed by the Chinese side as typical protectionist and unilateralist measures. Not only will such measures not help resolve the transformation challenges faced by the European automobile industry itself, but they will also affect Sino-European economic and trade relations and disrupt the stability of the global automobile industry chain supply chain. If the EU persists in promoting relevant measures, the China Association of Automobile Manufacturers will firmly support the Chinese government in taking necessary countermeasures to protect the legitimate rights and interests of the Chinese automobile industry and maintain a fair, just and non-discriminatory international economic and trade environment.