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China to actively respond to countervailing probes, high tariffs, MIIT spokesman says

( October 24, 2024, 09:39 GMT | Official Statement) -- MLex Summary: China will actively respond to trade barriers such as countervailing probes and high tariffs and will provide more investment and management support for automakers' overseas expansion, said Zhao Zhiguo, a spokesman for the Ministry of Industry and Information Technology. The country will also strengthen the integration and alignment of standards and rules for autonomous driving and carbon accounting to promote a favorable development environment, added Zhao. In the first nine months, new energy vehicle production and sales in China reached 8.316 million and 8.32 million units, surging 31.7 percent and 32.5 percent respectively. Total vehicle exports increased 27.3 percent to 4.3 million units, including approximately 930,000 new energy vehicles. The excerpt of the statement follows: ...

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