China has criticised the European Commission\u2019s anti-subsidy probe into Chinese wind turbine maker Goldwind Science & Technology as \u201ctargeted\u201d and \u201cdiscriminatory\u201d, warning that such measures would undermine Chinese companies\u2019 confidence in the European market and disrupt the bloc\u2019s green transition.<\/p>\n
\u201cThe European side\u2019s related investigations have generalised the concept of \u2018foreign subsidies\u2019 and have many problems, such as insufficient evidence for opening cases and a lack of procedural transparency,\u201d China\u2019s Ministry of Commerce said in a statement on Wednesday.<\/p>\n
\u201cThis is a typical case of practising protectionism in the name of fair competition,\u201d it added.<\/p>\n
The probe will examine whether financial support from Beijing unlawfully strengthened Goldwind\u2019s position in the European market. Brussels said its preliminary investigations had uncovered \u201csigns\u201d that the company \u201cmay have received foreign subsidies that distort competition within the internal market\u201d.<\/p>\n
China\u2019s commerce ministry stressed that Chinese firms in the renewable energy sector were competitive due to their strong innovation and technological edge, adding that Brussels\u2019 \u201cabuse of investigations\u201d harmed China-Europe cooperation, Chinese firms\u2019 confidence in the European Union (EU) and the bloc\u2019s green ambitions.<\/p>\n
It urged the EU to \u201cimmediately correct\u201d its practices, use the foreign subsidies regulation with caution and restraint, and create a fair, just and predictable market environment for cooperation between the two sides. Beijing would \u201ctake necessary measures to firmly safeguard the legitimate rights and interests of Chinese enterprises\u201d, it added.<\/p>\n","protected":false},"excerpt":{"rendered":"China has criticised the European Commission\u2019s anti-subsidy probe into Chinese wind turbine maker Goldwind Science & Technology as…\n","protected":false},"author":2,"featured_media":743053,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5174],"tags":[3801,11330,1395,181286,219811,157795,16536,2000,299,5187,2557,1699,219810,219809,49],"class_list":{"0":"post-743052","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eu","8":"tag-beijing","9":"tag-brussels","10":"tag-china","11":"tag-china-chamber-of-commerce-to-the-eu","12":"tag-china-council-for-the-promotion-of-international-trade","13":"tag-chinas-ministry-of-commerce","14":"tag-chinese","15":"tag-eu","16":"tag-europe","17":"tag-european","18":"tag-european-commission","19":"tag-european-union","20":"tag-goldwind","21":"tag-goldwind-science-technology","22":"tag-united-states"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/116015703266861067","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/743052","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=743052"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/743052\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/743053"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=743052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=743052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=743052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}