Chinese Ministry of Commerce: Western accusations against China are double standards

By Manal Abdel Fattah

Some Western countries recently accused China of so-called “overcapacity,” which is a typical double standard, according to He Yadong, spokesman for the Chinese Ministry of Commerce.

This will not only hinder the global green transition and undermine confidence in climate change cooperation, but will also harm companies’ willingness to implement cooperation in foreign trade and foreign investment, the spokesman said.

He stressed the need to fully examine the issue of production capacity in the context of economic globalization, taking into account the realities of the global division of labor and the global market, and adhering to an objective, fair and scientific stance.

He said that from a global perspective, there is no excess production capacity in the new energy industry, but rather there is a shortage of this production capacity.

He pointed out that the development of green, low-carbon and environmentally friendly new energy is an important measure in the global response to climate change, while the demand for new energy products continues to increase, with huge growth potential.

He added that China’s new energy industry continues to provide affordable and high-quality production capacity, which makes an important contribution to global green development.

He called on some countries and regions to objectively, rationally and comprehensively consider the needs of the global new energy market, develop China’s new energy industry, and fairly evaluate the important role played by Chinese new energy products in the global green transition.

“We are willing to strengthen communication and coordination with all parties on the basis of adhering to market principles, and strengthen industrial cooperation for mutual benefit so as to jointly promote global green development,” He added.

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