Recently, the United States has frequently hyped up the "overcapacity" of China's new energy industry. U.S. Treasury Secretary Janet Yellen said on the eve of her visit to China that she was concerned about the "spillover of excess capacity to the world" in China's new energy industry. Subsequently, the New York Times published an article titled "Yellen Faces Diplomatic Test as Urging China to Curb Green Energy Exports", in which Yellen was quoted as saying during her visit that China's cheap green energy technology exports are threatening the electric vehicle and solar industries that the United States is trying to develop, and that the Biden administration is ready to protect them.

This series of remarks not only reflects the anxiety of the United States in the field of new energy, but also reflects the protectionist thinking. In the face of groundless accusations from US politicians, Xinhua News Agency reporter Wang Dier launched a talk show to counter it with sharp arguments.

Judging from the data, according to the International Energy Agency's calculations, by 2030, the global demand for new photovoltaic installed capacity will reach about 4 times that of 2022, and the global demand for new energy vehicles will reach 4.5 times that of 2022. For this point, netizens obviously see it better than the U.S. government -

Screenshot of the comment area of overseas social media

From the perspective of economic common sense, the "Wealth of Nations", which has been admired by the West for more than 200 years, clearly states that through free trade, the products of various countries can focus on their comparative advantages to improve production efficiency and promote common development. In the face of "American-style protectionism", the reporter said in this talk show that the United States should not forget the lessons of steel protectionist measures in the past, and in the end it did not save jobs, but raised the costs of other industries and shot itself in the foot.

Screenshot of the video of this episode

After the program was broadcast, the number of overseas social media views exceeded one million, and it was reprinted by many overseas mainstream media such as the Washington Times, the Mirror, the London Evening Standard, The Economist, the Tribune Express in Pakistan, The Star in the Philippines, The Banner in Kenya, and the Kabar News Agency in Kyrgyzstan.

Screenshots are used by overseas mainstream media

Netizens from all over the world left messages in the video comment area, expressing their expectations and praise for new energy vehicles made in China. It seems that the United States is trying to use the label of "overcapacity" to curb China's new energy exports, and consumers around the world are not buying it. In addition, some netizens "urged the update" in the comment area, bluntly saying that the more such videos with sharp words and interesting content, the better!

Screenshot of the comment area of overseas social media

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Curator: Ni Siyi

Producer: Shang Jun

Co-ordinator: Xu Haijing, Zhao Zhuoyun, Yan Junyan, Yang Dingdu

Producer: Wang Diyi

Video script: Xu Haijing, Zhao Zhuoyun, Wang Fengfeng, Wang Dier

Video Editor: Zheng Kaijun, Liu Yang, Zhang Bihong

Research: Wei Yixiu, Luo Jiayuan

Cover design: Zhou Kaimin, Xiao Gang

Multimedia copywriter: Luo Jiayuan

Multimedia editors: Lu Yu, Diao Ze, Wang Fengfeng

Consultant: Wang Zhizhong

Director: Lv Fan, Zhao Bo

Editor: Wang Tian

Produced by Dier Studio

Xinhua News Agency

Xinhuanet Co., Ltd

Co-produced by Xinhua News Agency's International Communication Integration Platform