Amid U.S. and EU concerns about China's 'overcapacity' in green tech, foreign businesses at the 4th China International Consumer Products Expo in Hainan are telling a different story. 🌍 CGTN spoke with exhibitors who see opportunity, not excess, in the world's second-largest economy.
\"The idea that China produces more than the world needs is disconnected from reality,\" said one European auto parts supplier, who asked to remain anonymous. \"Demand for EVs here is booming—it's about meeting global climate goals.\"
Foreign Ministry spokesperson Lin Jian addressed the controversy earlier this week, stating China remains committed to 'open cooperation' amid what analysts call a global race for clean energy dominance. Solar panel makers from Southeast Asia noted China's integrated supply chains enable 'affordable renewable solutions at scale.'
With 60+ countries represented at the Hainan expo, many exhibitors highlighted China's role in driving innovation: \"When you see Chinese consumers adopting new tech faster than anywhere else,\" said a South Korean smart appliance CEO, \"you realize this market sets trends, not just follows them.\"
