China releases document on so-called excess capacity issue
2026-07-29 15:04:50 [Print]
China's Ministry of Commerce on July 28 released a document titled "China's Position on the So-called Excess Capacity Issue."
This document was issued to clarify relevant facts and elaborate on China's policy stance on the so-called excess capacity issue, according to the ministry.
The document said that the rapid development of China's modern industries is driven by innovation. The stable and healthy operation of Chinese industries relies on the continuous deepening of reforms.
In recent years, the international economic and trade landscape has undergone profound changes, with intensified competition among major countries, the document said. Certain countries and economies have rising concerns about their industrial competitiveness and market positions, politicizing economic and trade issues by hyping the so-called "excess capacity" problem in China, accusing Chinese production capacity of disrupting global markets, and using this as a pretext to escalate restrictive measures against China, thereby intensifying protectionism.
This document was issued to clarify relevant facts and elaborate on China's policy stance on the so-called excess capacity issue, according to the ministry.
The document said that the rapid development of China's modern industries is driven by innovation. The stable and healthy operation of Chinese industries relies on the continuous deepening of reforms.
In recent years, the international economic and trade landscape has undergone profound changes, with intensified competition among major countries, the document said. Certain countries and economies have rising concerns about their industrial competitiveness and market positions, politicizing economic and trade issues by hyping the so-called "excess capacity" problem in China, accusing Chinese production capacity of disrupting global markets, and using this as a pretext to escalate restrictive measures against China, thereby intensifying protectionism.
