Spokesperson of the Ministry of Commerce Comments on the EU's Ban on Funding for Projects Using Chinese Inverters
Media reports say an EU official stated that the EU will deny funding to projects that use inverters from China and other so-called "high-risk countries". What is China's comment?
China has taken note of relevant reports. Without any factual evidence, the EU has for the first time labeled China a so-called "high-risk country" and on that ground banned funding for projects equipped with Chinese inverters. This constitutes stigmatization of China and unfair, discriminatory treatment against Chinese products. China refuses to accept and firmly opposes such moves.
By branding China a "high-risk country", the EU will undermine mutual trust between China and the EU, disrupt bilateral economic and trade cooperation, hamper the stability of industrial and supply chains across China, the EU and the world at large, and even risk decoupling and severing industrial links. The EU's forced measures to exclude Chinese products run counter to market rules and fair competition. They will not only harm the interests of Chinese enterprises but also backfire on the EU itself, hindering its green transition and energy security.
China urges the EU to immediately stop stigmatizing China as a "high-risk country" and revoke the unfair and discriminatory practices targeting Chinese products. China will closely follow developments, conduct a thorough assessment of the impact of the EU's policies on the interests of Chinese enterprises and China-EU industrial and supply chains, and take necessary measures to safeguard the legitimate rights and interests of Chinese companies.