@chinacg_hh: II. Perspectives and positions on four relationships concerning excess capacity A. Relationship between industrial subsidies and excess capacity. ⭐️There is no necessary connection between industrial subsidies and excess capacity. ⭐️WTO members generally pursue subsidies that are fair, universal and transparent. Major countries should set an example in ensuring their subsidies conform to WTO rules. ⭐️China always strictly observes WTO rules and strives to build and improve a system of subsidies in accordance with international practice. Excerpt from the document "China's Position on the So-called Excess Capacity Issue": https://english.mofcom.gov.cn/News/SignificantNews/art/2026/art_1cc81037c291427ba64e696b6fbc0ad6.html

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Wednesday 05 August 2026 08:42:44 GMT