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China Ministry of Commerce: China's Industrial Subsidy Policies Strictly Comply with WTO Rules and Fulfill Transparency Obligations
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In response to an OECD report stating that Chinese enterprises receive the most subsidies, a spokesperson for the Ministry of Commerce said that subsidies are a policy tool commonly used by various economies, including OECD members. China is willing to actively participate in discussions on international rules governing industrial subsidies. The spokesperson added that China's industrial subsidy policies strictly comply with World Trade Organization (WTO) rules and earnestly fulfill transparency obligations. China believes the OECD report lacks rigorous conceptual definitions, has biased sample selection, and draws one-sided and arbitrary conclusions. The so-called "subsidies" cited in the report lack unified measurement standards and statistical methodologies, and deviate from the consensus under multilateral frameworks such as the WTO. The report attributes the increase in global market share of Chinese enterprises solely to government subsidies, while completely ignoring their genuine core advantages in economies of scale, production efficiency, and technological iteration. China urges the OECD to conduct research in an objective and neutral manner, to widely solicit views from relevant parties, to use comprehensive, accurate, and authoritative data and information, and to reflect the true situation of industrial development and policy practices. It should avoid politicizing or instrumentalizing research reports, which would undermine its own credibility. (jl/da) Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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