Off the wire
China sees more inclusive finance loans to small businesses in 2019  • Discover China: Digital technologies enable inclusive finance in China  • Inclusive finance service benefits small enterprises  • China inclusive finance loans increase in 2018  • China allocates 10 bln yuan to support inclusive finance  • China's inclusive finance develops steadily  • Scientists turn to satellite images to map poverty  • China launches free technical training project in poverty relief  • China-ASEAN data center operational in south China  • ASEAN+3 countries vow to further promote education cooperation  
You are here:   News/

China mulls increasing tariffs on imported fuel cars with large-displacement engines

Xinhua, October 21, 2024 Adjust font size:

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.