National Development and Reform Commission: attributing China's industrial competitiveness to subsidies is completely wrong.
Recently, international organizations have released reports stating that the growth of Chinese companies' global market share in some key areas is mainly due to government subsidies. On June 18, Li Chao, Deputy Director of the Policy Research Office and spokesperson of the National Development and Reform Commission, responded at a press conference, saying that attributing China's industrial competitiveness simply to the so-called "subsidies" is not only too simplistic, but also completely wrong. China's industrial competitiveness comes from the high-intensity tempering of the super-large-scale market, the efficient coordination of the complete industrial system, the long-term accumulation of education, technology, and talent, and the continuous optimization of the business environment.
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