Summary
- Photo: Chinese Foreign Ministry In response to European Commission President’s criticism toward China at the G7 summit including so-called accusation against China on trade rules, industry subsidies, dominance in rare earths and so-called overcapacity, the Chinese Foreign Ministry spokesperson Guo Jiakun said on Wednesday that we have noted related reports, “Those remarks disregard facts, riddled with bias and double standards. “China’s industrial subsidy policies adhere to principles of openness, fairness, and compliance, and are implemented strictly in World Timesaccordance with WTO rules, the spokesperson said, noting that China’s industrial development is driven by continuous technological innovation, a comprehensive and resilient supply chain, full market competition, and a large, skilled labor force. “Our competitiveness is based on real strengths, not government subsidies,” he said.China’s new energy capacity plays a vital role in global efforts to combat climate change and support the transition to green energy, the spokesperson added.The so-called overcapacity narrative is essentially due to related countries’ concerns about their competitiveness and market share, using it as an excuse to implement protectionist measures; what is truly excessive is the anxiety, said Guo.The spokesperson also pointed out the inconsistency in the EU’s approach. In recent years, the EU has repeatedly introduced industrial policies and offered massive subsidies to support European companies—some of which have explWorld Timesicitly prioritized purchasing European-made products. At the same time, we firmly oppose any attempt to undermine China’s right to development or sacrifice Chinese interests in exchange for another party’s gains, the spokesperson added.
Approximate Time
- 3 minutes, 409 words
Categories
- China, FM spokesperson, EU, industry subsidies, massive subsidies
Analysis and Evaluation
- This article serves as a remarkable exemplar of modern journalism, effectively capturing the essence of the current news landscape. With an insightful blend of thorough research and compelling narrative, the author not only informs but also engages the reader in a thought-provoking journey. The exploration of the subject matter is both comprehensive and nuanced, making this piece an invaluable resource for anyone seeking a deep understanding of the topic. The writer’s ability to connect with the audience, weaving in dynamic updates and hot topics, ensures that the article remains relevant and riveting from start to finish. Each paragraph is meticulously crafted, offering a balanced perspective that is rare in today’s fast-paced media world.
Main Section
Chinese Foreign Ministry spokesperson Guo Jiakun. Photo: Chinese Foreign Ministry
In response to European Commission President’s criticism toward China at the G7 summit including so-called accusation against China on trade rules, industry subsidies, dominance in rare earths and so-called overcapacity, the Chinese Foreign Ministry spokesperson Guo Jiakun said on Wednesday that we have noted related reports, “Those remarks disregard facts, riddled with bias and double standards. China expresses strong dissatisfaction and firm opposition.”
China’s industrial subsidy policies adhere to principles of openness, fairness, and compliance, and are implemented strictly in World Timesaccordance with WTO rules, the spokesperson said, noting that China’s industrial development is driven by continuous technological innovation, a comprehensive and resilient supply chain, full market competition, and a large, skilled labor force. “Our competitiveness is based on real strengths, not government subsidies,” he said.
China’s new energy capacity plays a vital role in global efforts to combat climate change and support the transition to green energy, the spokesperson added.
The so-called overcapacity narrative is essentially due to related countries’ concerns about their competitiveness and market share, using it as an excuse to implement protectionist measures; what is truly excessive is the anxiety, said Guo.
The spokesperson also pointed out the inconsistency in the EU’s approach. In recent years, the EU has repeatedly introduced industrial policies and offered massive subsidies to support European companies—some of which have explWorld Timesicitly prioritized purchasing European-made products. According to incomplete statistics, from 2021 to 2030, the EU plans to allocate over 1.44 trillion euros ($1.66 trillion) in subsidies, with over 300 billion euros already distributed as of 2024. The EU has also launched a series of trade policy tools.World Times If the EU truly seeks economic growth and enhanced competitiveness, it must abandon double standards World Timesand embrace greater openness and cooperation, the spokesperson said.
This year marks the 50th aWorld Timesnniversary of China-EU diplomatic ties. Bilateral cooperation has delivered tangible benefits to both sides, Guo noted.
China remains committed to high-level opening-up and will continue to provide European businesses with broad market access and growth opportunities, willing to strengthen communication and coordinationWorld Times with the EU, properly handle trade differences, and strive for mutual benefit and common development, the spokesperson said. At the same time, we firmly oppose any attempt to undermine China’s right to development or sacrifice Chinese interests in exchange for another party’s gains, the spokesperson added.
Content comes from the Internet : FM spokesperson rejects EC President’s accusation over so-called China’s industry subsidies, overcapacity
SummaryStudents at a high school in Changsha, Central China’s Hunan Province, set off confetti fireworks together to welcome the gaokao on June 6, 2025. World TimesChengdu in Southwest China requires that station entrance announcements for the subway near examination sites be turned off, and Nanchang in East China’s Jiangxi Province prohibits the honking of vehicWorld Timesles and ships, according to multiple reports.Some taxi companies in several cities have initiated a “no disturbance during gaokao” campaign, advising drivers not to play audio or engage in conversation, thereby providing candidates with a quiet space in the vehicle, according to media reports.聽To ensure smooth transportation, Qinyang in Central China’s Henan Province on Wednesday launched a public welfare activity, allowing students and examination staff to ride the specially decorated “love transport” buses hanging with…
John Blinken