EU Industrial Accelerator Act; China's Commerce Minister Hopes for Adjustment of Inappropriate Clauses
China's Commerce Minister Wang Wentao expressed concerns over the EU's 'Industrial Accelerator Act,' announced in March, during a meeting with Hildegard Müller, President of the German Association of the Automotive Industry. The Act is widely seen as targeting China. Minister Wang urged the EU to respect free competition, adhere to WTO rules, adjust inappropriate clauses, and create a fair business environment. China asserts that the Act poses risks to Chinese companies and reduces their willingness to invest in the EU.
📋 Article Processing Timeline
- 📰 Published: April 28, 2026 at 18:47
- 🔍 Collected: April 28, 2026 at 19:02 (14 min after Published)
- 🤖 AI Analyzed: April 28, 2026 at 19:09 (7 min after Collected)
Central News Agency (Taipei 28th) The EU Commission's 'Industrial Accelerator Act,' released in March, is widely considered to be targeting China, and China has threatened countermeasures. Chinese Commerce Minister Wang Wentao stated during a meeting with Hildegard Müller, President of the German Association of the Automotive Industry on the 27th, that China hopes the EU will 'respect free competition, abide by WTO rules, and adjust inappropriate clauses,' to create a fair business environment for China-EU corporate cooperation.
According to information released on the official website of China's Ministry of Commerce, Wang Wentao met with Müller (Hildegard Müller) on the 27th to exchange views on topics such as China-Germany automotive industry cooperation, maintaining the stability of global automotive industrial and supply chains, and the EU's 'economic and trade restrictive measures against China.'
Wang Wentao said that at the beginning of this year, China and the EU achieved a 'soft landing' in the electric vehicle case through price commitments. He hopes the EU will fulfill its commitment to equal treatment, accelerate negotiations with Chinese car companies, and promptly implement the price commitments. He added that China and the EU should manage friction and differences through dialogue and consultation, and jointly maintain the stable and smooth flow of global automotive production and supply chains.
Regarding the 'Industrial Accelerator Act,' he said that China is highly concerned about the EU's recently introduced economic and trade restrictive measures and believes that these protectionist measures will bring risks to Chinese companies and reduce their confidence in investing in Europe.
Wang Wentao stated that he hopes the German Association of the Automotive Industry will play an active role in urging the EU to 'respect free competition, abide by WTO rules, and adjust inappropriate clauses,' to create a fair, just, and non-discriminatory business environment for China-EU corporate cooperation.
The EU Commission announced the 'Industrial Accelerator Act' (IAA) in March this year, which stipulates new investment screening conditions for foreign direct investments exceeding 100 million Euros in industries that account for more than 40% of global production capacity, such as electric vehicles.
A spokesperson for China's Ministry of Commerce stated on the 27th that China has expressed 'serious concerns' to the EU Commission and recommended that the EU delete discriminatory requirements for foreign investors in the bill. If the EU insists on promoting the bill into law, China will have to take countermeasures to resolutely safeguard the legitimate rights and interests of Chinese enterprises. (Editors: Chiu Kuo-chiang/Hsieh Yi-hsuan) 1150428
Choose to stand with facts. Every sponsorship you provide is a force for protecting press freedom.
Download the Central News Agency's 'First-hand News' APP to stay updated with the latest news.
The text, images, and videos on this website may not be reproduced, publicly broadcast, publicly transmitted, or utilized without authorization.
According to information released on the official website of China's Ministry of Commerce, Wang Wentao met with Müller (Hildegard Müller) on the 27th to exchange views on topics such as China-Germany automotive industry cooperation, maintaining the stability of global automotive industrial and supply chains, and the EU's 'economic and trade restrictive measures against China.'
Wang Wentao said that at the beginning of this year, China and the EU achieved a 'soft landing' in the electric vehicle case through price commitments. He hopes the EU will fulfill its commitment to equal treatment, accelerate negotiations with Chinese car companies, and promptly implement the price commitments. He added that China and the EU should manage friction and differences through dialogue and consultation, and jointly maintain the stable and smooth flow of global automotive production and supply chains.
Regarding the 'Industrial Accelerator Act,' he said that China is highly concerned about the EU's recently introduced economic and trade restrictive measures and believes that these protectionist measures will bring risks to Chinese companies and reduce their confidence in investing in Europe.
Wang Wentao stated that he hopes the German Association of the Automotive Industry will play an active role in urging the EU to 'respect free competition, abide by WTO rules, and adjust inappropriate clauses,' to create a fair, just, and non-discriminatory business environment for China-EU corporate cooperation.
The EU Commission announced the 'Industrial Accelerator Act' (IAA) in March this year, which stipulates new investment screening conditions for foreign direct investments exceeding 100 million Euros in industries that account for more than 40% of global production capacity, such as electric vehicles.
A spokesperson for China's Ministry of Commerce stated on the 27th that China has expressed 'serious concerns' to the EU Commission and recommended that the EU delete discriminatory requirements for foreign investors in the bill. If the EU insists on promoting the bill into law, China will have to take countermeasures to resolutely safeguard the legitimate rights and interests of Chinese enterprises. (Editors: Chiu Kuo-chiang/Hsieh Yi-hsuan) 1150428
Choose to stand with facts. Every sponsorship you provide is a force for protecting press freedom.
Download the Central News Agency's 'First-hand News' APP to stay updated with the latest news.
The text, images, and videos on this website may not be reproduced, publicly broadcast, publicly transmitted, or utilized without authorization.