U.S.' escalating trade protectionism to stymie Chinese automakers to hurt itself: MOFCOM

2024-02-29 17:02:12Global Times Editor : Li Yan ECNS App Download

The U.S.' escalating trade protectionism, politicizing economic issues and erecting more trade barriers to affect fair competition will only do harm to the development of its auto industry in the long run, He Yadong, a spokesperson for China's Ministry of Commerce (MOFCOM), said on Thursday.

Chinese cars are popular in the global market place because of their innovative features and high quality rather than the alleged low-price dumping, He said, responding to a question over media reports saying that the Alliance for American Manufacturing asks the U.S. government to block the import of low-cost Chinese automobiles and auto parts from Mexico.

In recent years, the U.S. side has erected various barriers to thwart Chinese car imports, like levying additional tariffs, excluding Chinese car brands from U.S. government procurement and implementing discriminatory subsidy policies, He said.

While the U.S. sets barriers to hinder Chinese carmakers, China is always open to carmakers from across the world, He said. 

U.S. carmakers have fully enjoyed the dividends of China's huge market, with the sales volume of American auto brands far outpacing local Chinese brands. U.S.' protectionism will only hinder its own auto industry development in the long run, He said.

The MOFCOM spokesperson urged the U.S. to respect market economy rules and the principle of fair competition while correcting its non-market practices in order to build a fair environment for the long-term development of the auto industry.

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