EU China Chamber of Commerce: expresses serious concern and firm opposition to the frequent use of FSR by the EU to investigate Chinese enterprises

The EU China Chamber of Commerce has released a statement regarding the European Commission's in-depth investigation into the initiation of FSR by Chinese companies. The EU China Chamber of Commerce has taken note of the European Commission's decision to launch an in-depth investigation into a Chinese wind power company under the Foreign Subsidies Regulation (FSR). The EU China Chamber of Commerce expresses serious concern and firm opposition to the frequent use of FSR by the EU to investigate Chinese companies. Since the implementation of FSR, Chinese enterprises have become the main target, and frequent investigations by the European side have disrupted our company's normal business activities, bringing uncertainty to its development in the EU market. As a result, Chinese enterprises have suffered direct and indirect losses of up to billions of euros. The use of European FSR has a negative impact on Chinese enterprises' investment in Europe and also restricts their fair participation in EU related public procurement. The Chamber of Commerce believes that Chinese enterprises continue to play a crucial role in supporting the EU's green and digital transformation. We call on the European side to exercise restraint, implement relevant laws fairly and transparently, and ensure a fair competitive environment through constructive dialogue to promote innovation, investment, and sustainable growth, providing a fair, just, and non discriminatory business environment for Chinese enterprises in Europe.