0 Comment(s)
Print
E-mail China.org.cn, February 24, 2025
The New York Times:
The U.S. government claims that there is an issue of overcapacity in Chinese exports. What is China's position on this matter?
Wang Lingjun:
Thank you for your question. The so-called "overcapacity" issue has been addressed multiple times by relevant departments, including the customs authorities. Whether viewed from the perspective of comparative advantage or global market demand, the so-called "China overcapacity" issue does not exist; this claim is pure fallacy.
As noted earlier, Chinese products have gained widespread popularity in the global market, underpinned by a complete and continually upgrading industrial system, along with sustained investments in research and innovation. We have ensured the stability of the global production and supply chain through our comprehensive manufacturing industry chain, which drives technological progress and industrial upgrades worldwide. This is both evident and undeniable.
Some countries repeatedly overstate this issue, which is essentially an attempt to suppress and contain China's development. In essence, it represents a form of protectionism that severely undermines global industrial cooperation and the stability of production and supply chains. Adhering to open cooperation and mutual benefit is the correct approach for global economic development.
Thank you.
Go to Forum >>0 Comment(s)