Xinhua | October 18, 2024
China's Ministry of Commerce (MOC) said Thursday the country is studying increasing tariffs on imported fuel-powered vehicles with large-displacement engines.
A decision will be made prudently after comprehensive consideration of various factors, MOC spokesperson, He Yadong, told a press conference.
When answering a question on negotiations between China and the European Union (EU) on electric vehicle tariffs, the spokesperson stressed that China has demonstrated utmost sincerity and flexibility, and the two sides have made important progress in certain areas.
However, significant differences remain at this stage of the negotiation process, as the EU has failed to actively respond to the core concerns of both Chinese and European industries, He said.
China has formally invited the EU to send a technical team to China as soon as possible for the next phase of face-to-face consultations, said the spokesperson, adding that China has made all necessary preparations and is awaiting a response from the EU side.