BEIJING, June 13 (Reuters) - Chinese automaker SAIC said

on Thursday it regretted the European Union's tariff decision

and the firm relied on technology innovation rather than

government subsidies after it was slapped with a proposed 38.1%

tariff for its exports to the EU.

"We are planning to bring China's new energy technologies

and green factories to Europe," the automaker said in a

statement. "(The) EU's decision might have relatively big

disadvantages for economic and trade cooperation between China

and EU and the stability of global auto industrial chains."