China warns EU over industrial policy

China's Ministry of Commerce has publicly criticized the European Union's Industrial Acceleration Act, warning it could create barriers for foreign firms and may breach World Trade Organization rules. The policy, launched in March, aims to boost demand for low-carbon, locally made technologies but includes preferences for 'EU origin' products in public procurement. Beijing argues these measures amount to discrimination and protectionism. While China has submitted formal feedback and signaled a willingness to engage in dialogue, it cautioned that countermeasures could follow if its concerns are not addressed.