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
College baseball notebook: Conference tournaments to decide NCAA automatic bids and many at
The field for the NCAA baseball tournament will take shape this week with conference tournaments det2024-05-21Popular Chinese crosstalk comedians bring laughter, cultural charisma to London
Guo Degang is a popular Chinese traditional crosstalk comedian who has over 15 million followers on2024-05-21Chinese scientists use machine learning for precise Antarctic sea ice prediction
Chinese scientists made accurate predictions regarding Antarctic sea ice for December 2023 to Februa2024-05-21Entire mall in Georgia is closed after 'shots are fired inside
The Augusta Mall in Georgia has been closed after gunshots were fired inside.Police were called at 12024-05-21Jessica Biel CHOPS her long locks into a bob after book signing in Studio City
Jessica Biel unveiled a dramatic hair transformation - from chest-length locks to a short bob - on S2024-05-21Chinese business group 'shocked, dissatisfied' over EU raids on Chinese company
The China Chamber of Commerce to the European Union (CCCEU) said on Tuesday that it is "extreme2024-05-21
atest comment