Today, the Information Office of the State Council held a press conference. The Ministry of Commerce explained China's position on the so-called “overcapacity” issue and answered questions from reporters. It was explained at the press conference that the Chinese side believes that when looking at production capacity issues, we must uphold a comprehensive, objective, and impartial attitude, let alone practice protectionism in the name of this. This will only disrupt the global economic and trade order and the stability of the production and supply chain, exacerbate conflicts and differences, and pose long-term risks to world economic growth. In order to clarify relevant facts and clarify China's views and positions on issues relating to so-called “overcapacity,” a Chinese position paper has been prepared.

Today, the Information Office of the State Council held a press conference. The Ministry of Commerce explained China's position on the so-called “overcapacity” issue and answered questions from reporters. It was explained at the press conference that the Chinese side believes that when looking at production capacity issues, we must uphold a comprehensive, objective, and impartial attitude, let alone practice protectionism in the name of this. This will only disrupt the global economic and trade order and the stability of the production and supply chain, exacerbate conflicts and differences, and pose long-term risks to world economic growth. In order to clarify relevant facts and clarify China's views and positions on issues relating to so-called “overcapacity,” a Chinese position paper has been prepared.