The head of the anti -monopoly says that the European Union to intensify foreign support investigations

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The head of the anti -monopoly said that the European Union is to follow more investigations into support against foreign companies that invest in the bloc because it is making efforts to combat what it considers unfair competition.

Although it is not specifically aimed at China, the list of foreign subsidies of the European Union, which entered into force in 2023, was used to target many Chinese companies amid increasing concern about this Increase By the largest manufacturing company in the world, the European industry is at risk.

In response to a question about whether there will be more investigations under the regulations, Theresa Ribera, Executive Vice President of the European Union for a clean, just and competitive transfer said: “Of course.”

Ribera said she expected sectors that there were increasing foreign interest in investing in the audit. “There is a wide range of these sectors where there is an interest in investing in Europe – basic industries (and) modern industries; chemicals, medicines, cars and batteries,” She told the Financial Times.

the Organizing foreign support (FSR) Brussels allows the ban on foreign governments from public purchases, integration, acquisition, and even the sale of goods and services in the unified market.

It was used by the European Union to investigate Chinese companies that provide bids for public tenders in Europe BYD electric car maker A state -owned train maker of the Solar Energy Committee company and its government -owned partner.

The European Union has also launched “EX Officio” investigations under FSR in the Chinese security scanner and Chinese wind turbine sales.

RIBERA in Beijing to participate in the sixth presidency of the high environment in the European Union, the establishment and the climate with Deputy China Ding Xuexiang on Monday and for other meetings to discuss the green transition and Mai China cooperation.

Its visit comes before a The scheduled summit In late July, European Commission President Ursula von der Lin and Chinese President Xi Jinping to celebrate 50 years of diplomatic relations. The planned meeting comes amid the trade tensions and anger of the European Union over China’s continuous support for Russia after its widely invaded Ukraine.

Ribera said that the intention behind the list of foreign subsidies is that companies that invest in the European Union must add the value and enhance of talents and innovation in the mass.

She referred to Beijing’s example in the past to demand that companies that invest in China do this through joint projects and provide technology to the market.

The idea can be “the development of these types of joint projects, also in Europe, but without risking a context, innovation and knowledge may be absent and we can only get products to the markets.”

Brussels also started to increase.European purchaseRulings in its legislation in an attempt to strengthen the mass markets.

Regarding climatic talks, Ribera said that with the abandonment of the Paris Climate Agreement and the distance from pluralism, it was important for its countries to renew their commitment to the process.

Financial times stated last week that European officials were the pressure Against Chinese initiatives for a joint advertisement on climate work at the upcoming leaders summit unless Beijing pledged to make greater obligations to reduce greenhouse gas emissions.

Despite these stress points, Ribera said she saw a space for both sides to continue talking.

“I think the Chinese government feels that the Paris Agreement is somewhat part of its heritage in the international context, in the multilateral scene. It reduces the conversation,” she said.

She added that this does not mean that the European Union and China can agree on everything, but “it keeps the door open for exploration … how much we can achieve in this context.”