Live Updates > Live Update Details
2026-05-28 21:49:01
[China Chamber of Commerce for Machinery and Electronic Products: Urges EU to Listen Carefully to Industry Voices and Avoid Negative Legislation and Policy Implementation] The China Chamber of Commerce for Machinery and Electronic Products (CCCE) issued a statement opposing the EU's new "overcapacity" tool. CCCE believes that the issue of production capacity should be viewed objectively and in the context of global division of labor and market demand. Especially for emerging industries experiencing rapid technological iteration and exponential demand growth, companies making forward-looking investments based on future demand expectations may see temporary capacity utilization rates lower than long-term equilibrium levels, a common phenomenon in industrial development. CCCE believes that all parties should respect economic laws and avoid politicizing the issue of industrial competitiveness. Recent frequent restrictive measures by the EU against China have caused deep concern among relevant Chinese industries. CCCE urges the EU to listen carefully to the voices of industry, promptly correct erroneous tendencies, avoid the implementation of negative legislation and policies, resolve differences through government consultations and industry dialogue, and jointly maintain a fair and predictable trade environment. If the EU persists in its unilateral actions and introduces discriminatory restrictive tools, CCCE earnestly requests the Chinese government to take necessary measures in accordance with international rules and Chinese law to safeguard the legitimate rights and interests of Chinese industries and the overall economic and trade situation between China and the EU. (China Chamber of Commerce for Import and Export of Machinery and Electronic Products)
