Professor Jiang Xiaojuan from the Chinese Academy of Social Sciences stated at the 2025 Financial Annual Conference that she visited Europe three times last year, all regarding the electric vehicle tariff dispute. "I calculated the figures very carefully. In 2009, subsidies were fully launched, and at that time we did not export a single electric vehicle. The subsidies were not for exports, but to compete with traditional fuel vehicles in the domestic market. By 2016, our exports began to increase, but subsidies were also quickly declining. Therefore, it cannot be said that the competitiveness of Chinese electric vehicles comes from subsidies," she said. Jiang even calculated the subsidy data for Europe, saying, "Buying a Tesla receives a subsidy of 7,000 to 9,000 euros, which is higher than our subsidies." "My argument is very convincing. I said we are not aiming for exports; we are competing with domestic fuel vehicles, and your subsidies are even higher. Why is it a problem for me?" Jiang Xiaojuan stated, "Those scholars were also at a loss because these are solid data, and in the end, they said regardless of the details, our domestic industry has been hit too hard, which is politically unacceptable." (Insight)
江小涓面对欧洲专家据理力争:你们电动车补贴比中国还高
Jiang Xiaojuan argued vehemently with European experts: your electric vehicle subsidies are even higher than those in China.
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