Recently, some overseas institutions have continued to speculate on China's so-called “overcapacity” in fields such as new energy and high-end manufacturing, misrepresenting China's industrial scale advantage as a market imbalance, and using this as an excuse to introduce measures such as trade restrictions and tariff barriers. Essentially, this practice of labeling China's production capacity is nothing more than a public opinion tool created by some countries or economies to maintain their industrial status and curb China's industrial upgrading. The scale of production capacity formed by China in the fields of photovoltaics, power batteries, new energy vehicles, etc., is not excess production capacity expanding in a disorderly manner, but rather an effective production capacity and high-quality production capacity that accurately matches global green transformation needs and is formed through full competition in the market. Against the backdrop of the acceleration of global low-carbon transformation and the continuous release of demand for new energy alternatives from various countries, China has formed these cost-effective and internationally competitive advantageous industries, relying on complete manufacturing categories, efficient supply chains, and continuous innovation capabilities, which not only meet its own economic and social development needs, but also bear the incremental needs of the global market, and meet the intrinsic requirements of economic globalization and the division of labor in the international market.

Recently, some overseas institutions have continued to speculate on China's so-called “overcapacity” in fields such as new energy and high-end manufacturing, misrepresenting China's industrial scale advantage as a market imbalance, and using this as an excuse to introduce measures such as trade restrictions and tariff barriers. Essentially, this practice of labeling China's production capacity is nothing more than a public opinion tool created by some countries or economies to maintain their industrial status and curb China's industrial upgrading. The scale of production capacity formed by China in the fields of photovoltaics, power batteries, new energy vehicles, etc., is not excess production capacity expanding in a disorderly manner, but rather an effective production capacity and high-quality production capacity that accurately matches global green transformation needs and is formed through full competition in the market. Against the backdrop of the acceleration of global low-carbon transformation and the continuous release of demand for new energy alternatives from various countries, China has formed these cost-effective and internationally competitive advantageous industries, relying on complete manufacturing categories, efficient supply chains, and continuous innovation capabilities, which not only meet its own economic and social development needs, but also bear the incremental needs of the global market, and meet the intrinsic requirements of economic globalization and the division of labor in the international market.