OECD Report: Chinese Enterprises Received Most Subsidies; Commerce Ministry Responds on June 1

On June 1, the Organization for Economic Cooperation and Development (OECD) released a report on industrial subsidies, stating that Chinese enterprises received the most subsidies among surveyed economies. In response, China's Ministry of Commerce stated that subsidies are a common policy tool used by all economies, including OECD members. The Ministry expressed China's willingness to actively participate in international discussions on industrial subsidy rules.
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