Ministry of Commerce: If the European side insists on adopting discriminatory restrictions against Chinese companies or products, China will resolutely counteract.

A journalist asked about recent reports that the European Commission is urgently developing a new trade tool to address China's "excess capacity" issue. What is China's comment on this? Ministry of Commerce spokesperson, Hua Yudong, said that if "excess capacity" labels are placed simply due to the trade surplus, then does the EU's exports of cars, medicines, wines, and cosmetics all have "excess capacity"? We have noticed that some countries are investigating the EU's "excess capacity" issue, and the EU should not adopt double standards in this situation. We urge the European side to face reality, return to the correct path of dialogue and consultation, and do things that are truly beneficial to the development of China-EU economic and trade relations. If the EU insists on pushing forward with the so-called new tool and implementing discriminatory restrictions on Chinese companies or products, China will resolutely retaliate.