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commerce
shāng yè
商业
·HSK 6

EU
Ōuméng
欧盟
on China
duì Huá
对华
EVs
diàndòng chē
电动车
imposes
zhēngshōu
征收
countervailing duties
fǎn bǔtiē shuì
反补贴税
additional rates
jiā zhēng
加征
up to
zuìgāo
最高
35.3 percent
bǎi fēn zhī sān shí wǔ diǎn sān
百分之三十五点三

year 2024
èr líng èr sì nián
二零二四年
October
shí yuè
十月
the 31st
sān shí yī rì
三十一日
，
EU
Ōuméng
欧盟
countervailing duties
fǎn bǔtiē shuì
反补贴税
officially
zhèngshì
正式
took effect
shēngxiào
生效
，
on Chinese-made
duì Zhōngguó chǎn
对中国产
EVs
diàndòng chē
电动车
additional duties
jiā zhēng
加征
up to
zuìgāo
最高
35.3 percent
bǎi fēn zhī sān shí wǔ diǎn sān
百分之三十五点三
(particle)
de
的
duties
guānshuì
关税
。

October 31, 2024 at 10:00 AM

year 2024
èr líng èr sì nián
二零二四年
October
shí yuè
十月
the 31st
sān shí yī rì
三十一日
，
European Union
Ōuméng
欧盟
on
duì
对
Chinese
Zhōngguó
中国
made
chǎn
产
electric vehicles
diàndòng qìchē
电动汽车
levied
zhēngshōu de
征收的
countervailing duties
fǎn bǔtiē shuì
反补贴税
officially
zhèngshì
正式
took effect
shēngxiào
生效
，
tariff rates
shuìlǜ
税率
depending on
yīn
因
company
qǐyè
企业
differences
bùtóng
不同
thus
ér
而
somewhat
yǒusuǒ
有所
vary
chāyì
差异
。
based on
gēnjù
根据
European Commission
Ōuméng Wěiyuánhuì
欧盟委员会
(particle)
de
的
investigation
diàochá
调查
conclusions
jiélùn
结论
，
BYD
Bǐyǎdí
比亚迪
additional duty
jiā zhēng
加征
rate
shuìlǜ
税率
is
wéi
为
17 percent
bǎi fēn zhī shí qī
百分之十七
，
Geely
Jílì
吉利
is
wéi
为
18.8 percent
bǎi fēn zhī shí bā diǎn bā
百分之十八点八
，
SAIC
Shàng Qì
上汽
while
zé
则
as high as
gāodá
高达
35.3 percent
bǎi fēn zhī sān shí wǔ diǎn sān
百分之三十五点三
，
all
jūn
均
need to
xū
需
stack on
diéjiā
叠加
existing
yuányǒu
原有
10 percent
bǎi fēn zhī shí
百分之十
(particle)
de
的
import
jìnkǒu
进口
duties
guānshuì
关税
。
EU
Ōuméng
欧盟
October 4th
shí yuè sì rì
十月四日
on
jiù
就
this
cǐ
此
proposal
yì àn
议案
conducted
jìnxíng
进行
a vote
tóupiào
投票
，
ten
shí gè
十个
member states
chéngyuán guó
成员国
voted in favor
zànchéng
赞成
，
twelve
shí èr gè
十二个
abstained
qìquán
弃权
，
Germany
Déguó
德国
and
hé
和
Hungary
Xiōngyálì
匈牙利
and others
děng
等
five countries
wǔ guó
五国
voted against
fǎnduì
反对
。
EU
Ōuméng
欧盟
believes
rènwéi
认为
，
Chinese
Zhōngguó
中国
government
zhèngfǔ
政府
(particle)
de
的
large-scale
dà guīmó
大规模
subsidies
bǔtiē
补贴
caused
shǐ
使
Chinese
Zhōngguó
中国
EVs
diàndòng chē
电动车
in
zài
在
European
Ōuzhōu
欧洲
market
shìchǎng
市场
form
xíngchéng
形成
unfair
bù gōngpíng
不公平
competitive
jìngzhēng
竞争
advantage
yōushì
优势
，
harmed
sǔnhàile
损害了
European
Ōuzhōu
欧洲
automobile
qìchē
汽车
industry
chǎnyè
产业
(particle)
de
的
interests
lìyì
利益
。
China
Zhōngguó
中国
to this
duì cǐ
对此
strongly
qiángliè
强烈
objected
fǎnduì
反对
，
and
bìng
并
warned
jǐnggào
警告
would
jiāng
将
on
duì
对
European
Ōuzhōu
欧洲
related
xiāngguān
相关
goods
shāngpǐn
商品
take
cǎiqǔ
采取
reciprocal
duìděng
对等
measures
cuòshī
措施
，
China-EU
Zhōng-Ōu
中欧
trade
màoyì
贸易
friction
mócā
摩擦
as a result
yóucǐ
由此
further
jìn yī bù
进一步
escalated
jiājù
加剧
。

New Words

jìshù
技术
technology
gōngsī
公司
company
shìchǎng
市场
market
fāzhǎn
发展
develop
tóuzī
投资
investment
zēngzhǎng
增长
growth
yèwù
业务
business
chǎnpǐn
产品
product
fúwù
服务
service
yònghù
用户
users
píng tái
平台
platform
chuàngxīn
创新
innovation

News in English

Business

EU Imposes Countervailing Duties on Chinese EVs, Additional Tariff up to 35.3%

EU countervailing duties on Chinese-made EVs took effect October 31, 2024, with additional tariffs up to 35.3% on top of existing 10% import duties.

Pinterest announced visual search and shopping integration features in 2024. The company is positioning itself as a visual discovery and commerce platform.

Creator monetization programs attract content creators to share on Pinterest. The company is bridging the gap between inspiration and shopping for users.

Visual discovery continues to drive user engagement on the platform.

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China
zhōngguó
中国
plan
jìhuà
计划
2026
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artificial intelligence
AI
AI
chip
xīnpiàn
芯片
production capacity
chǎnéng
产能
triple
fān sānbèi
翻三倍
。

China Targets Tripling AI Chip Production in 2026 to Counter Nvidia Dependence

China
zhōngguó
中国
artificial intelligence
AI
AI
chip
xīnpiàn
芯片
manufacturers
zhìzàoshāng
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revenue
yíngshōu
营收
significantly
dàfú
大幅
grow
zēngzhǎng
增长
。

Chinese AI Chipmakers Report Soaring Revenue Growth in 2026 Earnings Season

United States / American
Měiguó
美国
July
7 yuè
7月
Consumer Price Index (CPI)
CPI
CPI
only / merely
jǐn
仅
to rise / to go up
shēng
升
0.1 percent
0.1%
0.1%
，
interest rate hike
jiā xī
加息
worry / concern
dānyōu
担忧
to ease / to alleviate
huǎnjiě
缓解
。

US July CPI Rises Just 0.1 Percent as Tame Inflation Data Boosts Markets

Trian Fund Management (investment firm)
Tèlǐān Jījīn
特里安基金
to plan / plan
jìhuà
计划
to acquire / takeover
shōugòu
收购
Wendys (fast-food chain)
Wēndí
温迪
，
stock price
gǔjià
股价
to rise / to go up
shàngzhǎng
上涨
13 percent
13%
13%
。

Trian Fund Prepares Bid to Take Wendys Private as Stock Jumps 13 Percent