China has expressed significant concern over the European Union’s recent decision to investigate Chinese wind turbine suppliers. Speaking at a press conference on Wednesday, Chinese Foreign Ministry spokesperson Mao Ning highlighted the potential global ramifications of the EU’s actions.
\”The world is worried about the rising tendency of protectionism in the EU,\” Mao stated. \”We hope the EU side will not undermine the efforts to address climate change. Protectionism cannot solve problems but will cause lose-lose results.\”
The European Union announced plans to probe Chinese wind turbine manufacturers, citing concerns over market practices and competitiveness. This move follows growing apprehension within the EU about the influx of affordable Chinese renewable energy products, which some European companies believe could threaten their market position.
Mao emphasized that China’s advancements in the new energy sector are the result of its competitive advantages in technology, a vast market potential, and robust industrial chains. \”The development of China’s new energy-related industries reflects our multiple advantages,\” she explained. \”Our export of related products has made important contributions to the global response to inflation and climate change.\”
She urged the European Union to adhere to World Trade Organization rules and market principles. \”China urges the EU side to abide by the WTO rules,\” Mao said, highlighting the importance of fair trade practices in fostering international cooperation.
China has vowed to protect the legitimate rights and interests of its enterprises. \”We will resolutely safeguard our businesses,\” Mao affirmed, signaling that China may take countermeasures if the EU proceeds with restrictive actions.
The growing tension between China and the European Union comes at a critical time when global cooperation is essential to tackle pressing issues such as climate change. Industry analysts suggest that collaborative efforts in the renewable energy sector are crucial for achieving international environmental goals and that protectionist policies could hinder progress.
The global community will be closely watching how this situation unfolds, as it may set a precedent for future trade relations and international collaborations in the fight against climate change.
Reference(s):
China 'highly concerned' over EU's measures against Chinese firms
cgtn.com
