China refutes criticism of overproduction: ”Instead, production is insufficient”

China's Ministry of Commerce said recently that some Western countries, including the United States, have criticized China for its overproduction, saying, "It is irrational to take issue with this, and China is firmly opposed to it."
On the 25th, the Ministry of Commerce stated in a commentary on China's overproduction that "the issue of production capacity must be dealt with with due consideration of the realities of the global market and an objective, fair and scientific stance must be maintained.
"In the case of new energy, there is not an overproduction but rather a shortage of production worldwide," he said. "Currently, green, low-carbon and environmentally friendly new energy is
"The development of energy is an important measure for the whole world to cope with climate change," the Ministry of Commerce said. "Some countries are promoting green growth while at the same time advocating protectionism," it said.
"We hope that relevant countries will take an objective, rational and comprehensive view of the demand in the global new energy market and the development of China's new energy industry," the Commerce Ministry said.
"Based on adhering to market-oriented principles, we are ready to strengthen communication and coordination with all parties, promote industrial cooperation and advance global green development," he said.