MOFCOM on July 28 published a position paper on the so‑called “overcapacity”
issue, calling on all parties to dismantle trade and investment barriers and
broaden openness to deepen industrial cooperation. The ministry urged cutting
trade barriers, facilitating cross‑border flows of goods, capital and production
factors, and promoting fuller market competition to stimulate firms, expand
supply and create demand. It warned that closing markets would choke upstream
liquidity and impede innovation. MOFCOM also urged easing investment entry
restrictions, simplifying procedures, removing obstacles, and providing a fair,
transparent, predictable environment that better protects the legitimate rights
of foreign investors.
