The OECD report attributes roughly 60% of Chinese firms’ global market-share
gains since 2005 in 15 key industries—including autos, shipbuilding and solar—to
subsidies, and estimates global industrial subsidies at £108bn in 2024, 52% of
which it attributes to China. At a routine Foreign Ministry briefing,
spokesperson Mao Ning rejected the allegation, saying Chinese firms’
competitiveness stems from market competition, ongoing technological innovation,
global operations and scale economies; she said China’s industrial subsidy
policies are open, fair, compliant with WTO rules and noted that subsidy
measures are used by many countries, urging international organisations to take
a constructive role.
