China
2024.08.14 13:20 GMT+8

CGTN Poll: Over 87% respondents criticize EU trade protectionism

Updated 2024.08.14 13:20 GMT+8
CGTN

Vehicles are being loaded onto ships at the Nansha automobile terminal, Guangzhou City, south China's Guangdong Province, July 2, 2024. /CFP

China has appealed to the World Trade Organization over the European Union's (EU) provisional countervailing measures on Chinese electric vehicles (EVs), aiming to protect the rights and interests of its EV industry and foster global green transformation cooperation.

A global online survey conducted by CGTN revealed that 87.5 percent of respondents believe the EU's protectionist measures will exacerbate trade disputes and negatively impact the global automotive industry.

The survey highlights that the EU's imposition of high tariffs on Chinese EVs under the guise of countervailing measures is seen as a form of trade protectionism. Critics argue that the EU focuses on unilateral benefits while ignoring the comparative advantages of Chinese EVs, many of which are produced through China-EU joint ventures. This approach is predicted to backfire, harming the EU's own interests.

The survey found that 78.42 percent of respondents identified full market competition and rapid technological innovation, rather than government subsidies, as the primary drivers of China's EV industry growth. Additionally, 85.14 percent believe the high tariffs will ultimately burden European consumers, and 80.74 percent think the tariffs will severely weaken the competitiveness of the European automotive industry and undermine China-EU automotive cooperation.

As global climate challenges intensify, EVs have become crucial for countries aiming to achieve low-carbon development goals. The survey indicates strong support for China's efforts in this area, with 87.96 percent of respondents praising China for its vigorous development of new energy industries, including EVs, and its significant contributions to the global economy and green development. Conversely, 82.96 percent criticized the EU for using protectionism to bind the EV industry, arguing that it undermines collective efforts to address climate change.

The survey also underscores the importance of collaboration between China and the EU. An overwhelming 92.53 percent of respondents emphasized that the common interests between China and Europe far outweigh their differences, and strengthening cooperation is crucial to solving problems. Furthermore, 90.84 percent called for China and the EU to resolve trade frictions through dialogue and consultation, advocating for a cooperative rather than protectionist approach to become stabilizing forces for global economic development and climate governance.

The CGTN survey, available in English, Spanish, French, Arabic, and Russian, gathered the views of 12,032 netizens within 24 hours, reflecting widespread concern and opposition to the EU's trade protectionism measures.

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