China’s Proposal to Tackle Battery Overproduction in New Regulations Sparks Global Concerns – Find Out Why China is Making Major Changes
Yichang, Hubei Province, China – The Chinese government has recently proposed new regulations aimed at addressing overproduction in the battery industry. This move comes in response to concerns raised by Western countries about China flooding global markets with goods. The Ministry of Industry and Information Technology in China detailed plans to regulate the battery industry, signaling a potential acknowledgment of overproduction issues in the country. The proposal includes measures such as setting minimum technical standards …