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The spokesperson of the Ministry of Commerce responded to a reporter's question on the WTO dispute case against the US Inflation Reduction Act

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2024-07-15 09:22:12
On July 15, a spokesperson for the Ministry of Commerce said that in order to safeguard the development rights and interests of China's new energy automobile industry, on March 26, China referred the US Inflation Reduction Act to the WTO dispute settlement mechanism for measures such as subsidies for new energy vehicles. < b > Since the US failed to reach a solution through consultation with China, on July 15, China submitted a request to the WTO for the establishment of an expert group. China agrees that WTO members implement industrial subsidies in a manner consistent with WTO rules, support the green transition of energy, and promote economic and social development. We once again urge the US to abide by WTO rules and stop abusing industrial policies to harm international cooperation on climate change.
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