China encourages NEV companies to set up research centers abroad
(ECNS) -- China has issued a document to encourage NEV companies to set up overseas research and development centers, according to the Ministry of Commerce on Wednesday.
The document specified that NEV companies and supply chain enterprises should optimize global innovation resources and establish strategic relations with foreign research institutions and industrial clusters. Automakers are encouraged to enhance innovation in NEV design, research and engineering technology.
The document said it supports industry organizations to hold product promotions in key overseas markets and establish a good image for Chinese NEV brands.
China exported 1.773 million electric passenger vehicles in 2023, an increase of 67.1 percent year on year.
As exports soared, European Commission (EC) launched an investigation into whether to impose punitive tariffs to protect European Union producers against Chinese NEV imports last year.
Related articles
Netflix announces hit show will be axed after just two seasons
Netflix has announced that 3 Body Problem will end after two seasons.The hit series is based on the2024-05-17EU's probe into Chinese wind turbines suggests trade protectionism, economic coercion: CCCEU
The China Chamber of Commerce to the EU (CCCEU) on Tuesday expressed profound dissatisfaction with t2024-05-17Xi Inspects Suzhou in East China's Jiangsu Province
Contact Us HomeNewsHighlightACWF NewsSocietyWom2024-05-17China welcomes global enterprises at consumer expo in Haikou
China will firmly promote high-level opening-up to the outside world and welcome global enterprises2024-05-17OnlyFans model Ava Louise who flashed her breasts at the New York
An OnlyFans model who flashed her breasts at the New York-Dublin portal has revealed how she has rec2024-05-17Xi Focus: Xi Calls for More Achievements in Party's Theoretical Innovation
Contact Us HomeNewsHighlightACWF NewsSocietyWom2024-05-17
atest comment