Hey there, energy enthusiasts! 🌍⚡️
On Thursday, the Chinese mainland dismissed allegations of \"overcapacity\" in its booming new energy sector. He Yadong, spokesperson for the Chinese Ministry of Commerce, called these claims \"contrary to common sense\" and completely groundless.
He broke it down at a regular press conference, emphasizing that the global new energy industry is still in its early stages and growing faster than the latest dance trend on social media! 🕺 Instead of an oversupply, He pointed out that production capacity is actually \"relatively insufficient\" to meet the surging global demand.
With green and low-carbon industries becoming the new norm, the appetite for new energy products is only going to expand. It's like everyone wanting the newest smartphone—except this time, it's for saving the planet! 📱🌱
He also highlighted how international trade practices encourage countries to collaborate based on their strengths. By teaming up according to their comparative advantages, nations can boost global efficiency and make the world a better place. Talk about squad goals! 🌐🤝
So, next time you hear whispers about overcapacity in new energy, remember China's stance: it's all baseless. Let's keep our eyes on a brighter, cleaner future! ☀️🚀
Reference(s):
cgtn.com
