B E I J I N G, April 19 -- China hopes relevant countries will be open for fair competition instead of using the "over capacity" narrative as an excuse to justify protectionism, Foreign Ministry spokesperson Lin Jian said on Wednesday.
Lin said the notion that China's overcapacity in new energy sectors harms the global market is "a complete fallacy."
Those who spread that narrative to justify protectionism have nothing to gain from it, but will only destabilize and disrupt industrial and supply chains, hinder global green transition.
China's leading edge in new energy is gained through strong performance and full-on market competition, not government subsidies, Lin said, adding that China's new energy sector is a steady source of high-qu...