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China’s commerce minister on Friday accused the European Commission of pursuing “protectionist” actions at the expense of environmental efforts, including launching an investigation into Chinese subsidies.
“I don’t understand how the European Commission can raise the banner of green and sustainable development on the one hand, while engaging in protectionist tactics on the other,” Wang Wentao said at the Italy-China Economic Forum in Verona. Ta.
Brussels this week launched an investigation into Chinese wind turbine suppliers, which are considering developing wind farms in Spain, Greece, France, Romania and Bulgaria.
The European Union and the United States have accused China of flooding global markets with low-cost products from various industries, stifling domestic growth.
The Chinese minister said he was “embarrassed” that the EU commission on areas such as electric cars, solar panels and wind turbines had “taken actions to block them”.
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Wang said the commission was “creating subsidies for European companies, while also starting an investigation into subsidies given by China,” according to an Italian interpreter who attended the meeting.
“This obviously could undermine confidence in Chinese companies’ cooperation.”
A Chinese Foreign Ministry spokesperson on Wednesday accused the EU of “protectionism” of “protecting backwardness”.
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“China is very concerned about the discriminatory measures taken by the European side against Chinese companies and even industries,” he said in Beijing.
Italian Foreign Minister Antonio Taggiani said on Thursday that the Italian government wants to strengthen trade ties with China, even though Rome withdrew from Beijing’s Belt and Road Initiative in December last year.
Italy joined the massive maritime and land infrastructure project in 2019, becoming the only G7 member to do so, but Tajani said the expected economic benefits of membership had not been achieved.
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