The spokesperson of the Ministry of Commerce answers questions from reporters on the report on OECD industrial subsidies

Q: On June 1st, the OECD released a report on industrial subsidies, stating that Chinese companies received the most subsidies. What is the comment of the Ministry of Commerce on this?

Answer: Subsidies are a policy tool commonly used by economies, including OECD members. China is willing to actively participate in the discussion of international rules for industrial subsidies.

China's industrial subsidy policy strictly adheres to WTO rules and fulfills its transparency obligations. The Chinese side believes that the concept definition of the report released by the OECD is not rigorous, the sample selection is biased, and the conclusions are one-sided and arbitrary. The so-called "subsidies" in the report lack a unified measurement standard and statistical caliber, and deviate from the consensus of multilateral frameworks such as the World Trade Organization. The report attributes the increase in global market share of Chinese enterprises solely to government subsidies, completely ignoring their true core advantages in economies of scale, production efficiency, technological iteration, and other aspects.

We urge the OECD to conduct research in an objective and neutral manner, widely listen to the opinions of relevant parties, use comprehensive, accurate, and authoritative data and information, reflect the real situation of industrial development and policy practice, and avoid politicizing and instrumentalizing research reports, which may damage its own credibility.