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Is the rapid growth of China’s emerging industries driven by industrial subsidies?: People’s Daily_我的网站

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本报讯(海河传媒中心记者申炜)中超联赛第九轮比赛,天津津门虎队将对阵成都蓉城队。目前在所有中超俱乐部队中,成都蓉城队是唯一没有取胜的队伍。

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Workers assemble solar photovoltaic modules at a smart manufacturing workshop of Ronma Solar Energy Group in Jindong district of Jinhua city, East China's Zhejiang Province, on July 28, 2026. Photo: VCG
    Workers assemble solar photovoltaic modules at a smart manufacturing workshop of Ronma Solar Energy Group in Jindong district of Jinhua city, East China's Zhejiang Province, on July 28, 2026. Photo: VCG
China saw robust exports in electric vehicles (EV), lithium batteries and photovoltaic products, known as the "new three," in the first half of this year. More notably, robotics, artificial intelligence (AI) and innovative drugs, which represent the future direction of industrial development, are also emerging as new calling cards for China's foreign trade.
However, the impressive performance provoked unease among some Western media outlets and politicians. Some have deliberately portrayed China's rapid industrial development and strong competitiveness as a result of government subsidies, pushing the false claim that subsidies have created overcapacity and those low-priced Chinese products are flooding global markets. Such fallacies, which simply equate industrial subsidies with overcapacity, are not only logically flawed but also factually groundless.
In practice, many countries adopt industrial policies tailored to their national conditions and development needs, such as providing research and development (R&D) subsidies for emerging industries and risk related subsidies for agriculture.
Well-designed industrial subsidies can help address market failures, promote technological innovation and environmental protection, reduce poverty and support balanced development, rather than cause so called "overcapacity."
Multiple reports by the United Nations Conference on Trade and Development have noted that the number of industrial policies worldwide has grown rapidly over the past five years, with R&D subsidies, tax incentives and low interest loans for emerging industries becoming common international practices.
Forcibly linking industrial subsidies to "overcapacity" is, in essence, a political manipulation based on double standards. The US, for example, plans to provide $750 billion in various subsidies from 2022 to 2031 under its Inflation Reduction Act. Subsidized EVs are subject to requirements such as production and sales in the US or North America, effectively excluding other WTO members. US industrial subsidies for AI are even greater than those of all other countries combined.
Similarly, according to incomplete statistics, the European Commission is expected to provide more than 1.44 trillion euros ($210 billion) in various subsidies between 2021 and 2030. The EU's Industrial Accelerator Act links local content directly to financial support through "Made in EU" requirements, creating serious investment barriers and institutional discrimination.
Have these massive subsidies been labeled as causing "overcapacity"? The answer is no. While claiming that China's industrial subsidies lead to so-called overcapacity, these countries are themselves providing massive subsidies to their own industries. Such double standards amount to selective accusations targeting China, aimed at politicizing trade and economic issues and weaponizing industrial policy.
At a deeper level, accusations that "China's industrial subsidies cause overcapacity" are merely a pretext, reflecting growing anxiety and fear over the rising competitiveness of Chinese industries.
Looking back at the repeated hype in Western media, the criticism has consistently targeted China's most globally competitive industries, including new-energy vehicles, photovoltaics and power batteries. This exposes the real intention of shifting the blame for their own lagging industrial development onto China while stepping up restrictions against Chinese industries.
China's breakthroughs in these industries have been driven by advances in homegrown technologies, complete industrial and supply chains, and robust market competition, rather than by policy subsidies as some have claimed.
In recent years, China has taken multiple steps to regulate and improve its subsidy policies, from reviewing and correcting inappropriate local subsidies to exploring a unified negative list mechanism for local fiscal subsidies. China applies subsidies equally to all market entities, including foreign invested enterprises, strictly follows WTO rules, and continues to improve the compliance, effectiveness and transparency of its subsidy policies.
Rather than fabricating and hyping baseless claims about subsidies and obsessing over building trade barriers, certain Western media outlets and politicians should focus on addressing their own weaknesses and increasing investment in research and development. They should embrace healthy market competition with an inclusive mindset, promote mutual benefit through greater openness, and win markets and drive progress through genuine innovation.
This was compiled and translated by the Global Times English edition based on an article published in the "Chisu Jinsheng" economic commentary column of the People's Daily on August 10, 2026.
。这场比赛,津门虎队的目标就是拒绝“送温暖”,力争在对手身上拿到满意的分数。赛前新闻发布会上,津门虎队主教练于根伟表示:“结束了与北京国安队的比赛后,教练组给球员安排了假期,主要是为了让大家休息一下。从今天开始,全队正式进入与成都蓉城队这场比赛的备战,我们会做一些针对性部署。

三 | 球员们整体状况不错,大家也都有很强的求战欲望。” 过去两天,津门虎队没有安排强度太大的训练,而是让球员们留在房间里休息。

四 | 王秋明、周通、张卫等球员主动加练,以保持身体状态。津门虎队自成立以来,球员们的职业态度有目共睹,这也是很多球员进步迅速的原因。

对此,于根伟评价:“我们的队伍在职业态度方面还是很强的。我也一直和老队员讲,要用实际行动起到带头作用。虽然全队放假,但大家根据自己的需要和习惯做一些加练,在我看来是很有意义的。” 这一次跟随于根伟出现在赛前新闻发布会上的不再是大卫·安杜哈尔,而是罗萨。作为中场核心,罗萨的发挥对球队至关重要。

五 | 在展望和成都蓉城队的比赛时,他这样认为:“这场比赛对我们来说很重要,全队肯定会全力去拼搏,踢出想要的比赛。上一轮我们没能取得理想成绩,希望后面能够得到好的结果。” 于根伟在新闻发布会上也谈到中超联赛恢复主客场制的事情。

六 | 他表示:“中国足协一直在竭尽所能推进主客场制的恢复,这对球队、球迷以及赞助商都是有利的事情。我们也希望恢复主客场制,特别是对球员们来说,有球迷现场助威,氛围是完全不一样的。”

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