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The dominance of China’s electric vehicles is a consequence of the country’s favorable industrial and commercial attributes insists Premier, Li Qiang.
Chinese Premier Li Qiang has used his speech at the opening of the World Economic Forum’s “Summer Davos” meeting in Dalian, China to defend his country’s technological development while condemning efforts to restrict global cooperation. His remarks represent the latest exchange in an atmosphere of rising tensions with the EU and the U.S. over imports of Chinese electric cars.
“The rapid rise of China’s new industries is rooted in our unique comparative advantages,” Li stated via an official English translation of his Mandarin-language remarks. He emphasized the country's large market, industrial network, labor force, diverse application scenarios, and receptive consumers as key factors for the competitiveness of China's emerging industries.
Earlier this month, the EU announced plans to impose tariffs on imports of Chinese electric cars, while the U.S. has said it will raise duties on these vehicles to 100%. China and the EU have reportedly agreed to discuss the potential tariffs.
“In many ways, the depth of international cooperation determines the height of human development, so it’s essential that we embrace each other with open arms,” Li urged, advocating for the need to “reject” confrontation.
Following Li, remarks were given by Andrzej Duda, president of Poland, and Pham Minh Chinh, prime minister of Vietnam. The Chinese premier had conducted state-level meetings with both leaders in China ahead of the “Summer Davos.” In his meeting with Duda, Li expressed hope that the EU would view China’s development objectively and create a fair market, according to state media. Poland is an EU member state.
At the World Economic Forum’s annual conference in Davos, Switzerland, in January, Li had asserted that technological innovation should not be used as an excuse to restrict other countries. Beijing has repeatedly urged Washington to remove restrictions on Chinese companies that prevent them from purchasing advanced technology from U.S. firms.
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