China's Ministry of Commerce has slammed Western accusations of 'overcapacity' in its industries, calling the claims 'groundless' and a barrier to global climate action. 🌱 Speaking at a press conference Thursday, spokesperson He Yadong argued that framing China's booming new energy sector as a problem ignores the urgent global demand for affordable green tech. 💡
Global Markets Need More Green Solutions, Not Less
He emphasized that assessing industrial capacity requires a global lens: 'From solar panels to EVs, the world needs more collaboration, not protectionism,' he stated. 🌏 With countries racing to curb emissions, China insists its high-quality, cost-effective clean energy products are filling a critical gap—not flooding markets.
Double Standards on Climate Goals? 🔄
The spokesperson called out 'self-contradictory' policies by some Western nations: 'They champion green agendas but then weaponize 'overcapacity' to block imports. This shakes confidence in climate cooperation.' 🛑 He stressed that fair evaluations of China's role in the green transition are essential—especially as extreme weather events intensify globally. 🌪️
What's Next?
China expressed willingness to collaborate on market-driven solutions, urging nations to ditch 'zero-sum thinking.' 🤝 'Let’s focus on mutual wins for the planet,' He added. With renewable energy investments set to hit $2 trillion annually by 2030, this debate is heating up faster than a lithium battery. 🔥
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Chinese Commerce Ministry refutes Western 'overcapacity' accusation
cgtn.com