On April 5, 2024, in an exclusive interview with Senior Foreign Policy Writer Tom O'Connor from Newsweek, Chinese Ambassador to the United States Xie Feng pointed out that the accusation that China's "overcapacity" is posing threats to other countries is untenable. Globally, high-quality industrial capacity and new-quality productive forces are not excessive, but in dire scarcity. How to ensure the world, especially developing countries, benefits from such capacity is a constant test for human conscience and ingenuity.

Ambassador Xie said that the vigorous growth of China's new energy sector relies on the businesses' innovation edge forged amid global competition and high-quality products, not on so-called subsidies or protection. Look at the two largest electric vehicle enterprises in China: BYD, a private company; and Tesla, an American one. Also, China's green capacity is enabling the developing world to meet emission cut targets and accelerate green transition. The Al-Shuaibah solar photovoltaic project undertaken by a Chinese company in Saudi Arabia alone will reduce 242 million tons of CO2 emissions, equivalent to the impact of planting 545 million trees. Isn't it a good thing if China's high-quality industrial capacity, including in new energy, can help the international community attain the United Nations 2030 Agenda for Sustainable Development and Paris Agreement goals at a faster pace?