Yang Tao, Director of the North America and Oceania Department of the Ministry of Foreign Affairs, briefed the media on US Secretary of State Blinken's visit to China

On the evening of April 26, 2024, Yang Tao, Director of the Department of North America and Oceania of the Ministry of Foreign Affairs, briefed the media on US Secretary of State Blinken's visit to China. Yang Tao answered questions from reporters. Regarding the so-called "China's overcapacity", Yang Tao said that China's advantages in new energy vehicles, lithium batteries, photovoltaic products and other fields are not the product of Chinese government subsidies, but the result of global market demand, technological innovation, and full competition. China's high-quality new energy products have made important contributions to countries' efforts to accelerate green transformation, respond to climate change, and ease inflationary pressures. The so-called "overcapacity" by the US is not a conclusion under the definition of the market, but a man-made false narrative. It is another example of the US engaging in protectionism and suppressing China's development. I am afraid that the "excess" is not China's production capacity, but the anxiety of the United States.