General Administration of Customs: There is no so-called "overcapacity in China" problem

On January 13, Wang Lingjun, deputy director of the General Administration of Customs, said at a press conference that no matter from the perspective of comparative advantage or global market demand, there is no so-called "China's overcapacity" problem, which is purely a false proposition. Made in China is widely popular in the global market, relying on a complete and continuous iterative upgrade of the industrial system, relying on continuous R & D investment and innovation. We have ensured the stability of the global production and supply chain with our own complete manufacturing industry chain, which has led to technological progress and industrial upgrading worldwide. This is obvious to all, and no one can deny it. Some countries have repeatedly hyped up, which is actually to suppress and contain China's development. In essence, it is a kind of protectionism, which seriously undermines global industrial cooperation and the stability of the production and supply chain. Adhering to open cooperation, mutual benefit and win-win results is the right direction for global economic development.