Ministry of Commerce: The hype about "overcapacity" is unreasonable, and China firmly opposes it

On April 25th, the Ministry of Commerce held the second regular press conference in April this afternoon. The reporter asked, Recently, some countries have expressed concern about China's overcapacity, especially in the field of new energy. What is the business comment on this? The spokesperson of the Ministry of Commerce said that recently, some Western countries have frequently accused China of overcapacity, and this hype is unreasonable. China firmly opposes it. The issue of production capacity should be in the context of economic globalization, fully consider the reality of the global division of labor and the international market, and uphold an objective, fair and scientific position. For new energy, from a global perspective, it is not overcapacity, but a shortage of production capacity. We hope that relevant countries can objectively, rationally, and comprehensively view the needs of the global new energy market and the development of China's new energy industry, and fairly evaluate the important role that China's new energy products play in the global green transformation.